China - Nuts - Market Analysis, Forecast, Size, Trends and Insights

China: Nut Market Overview 2019

Nut Market Size in China

The revenue of the nut market in China amounted to $X in 2017, lowering by -X% against the previous year. In general, nut consumption continues to indicate a slight reduction. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. China nut consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Nut Production in China

In 2017, production of nuts in China totaled X tonnes, surging by X% against the previous year. In general, the total output indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the nut production increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. China nut production peaked in 2017, and is likely to see steady growth in the immediate term. Nut output in China indicated a remarkable growth, which was largely conditioned by a prominent expansion of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average yield of nuts in China amounted to X tonne per ha, stabilizing at the previous year. Overall, nut yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when yield increased by X% y-o-y. China nut yield peaked in 2017, and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, harvested area of nuts in China amounted to X ha, coming up by X% against the previous year. Overall, the total harvested area indicated a prominent growth from 2007 to 2017: its figure increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the nut harvested area increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. China nut harvested area peaked of X ha in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Nut Exports from China

Nut exports from China totaled X tonnes in 2017, approximately reflecting the previous year. In general, nut exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when exports increased by X% against the previous year. China exports peaked of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, nut exports totaled $X in 2017. Overall, nut exports continue to indicate a noticeable descent. China exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nut Exports by Country from China

The U.S. was the major exporting country with an export of about X tonnes, which finished at X% of total exports. It was distantly followed by China, Hong Kong SAR (X tonnes), committing X% share of total exports. China (X tonnes), Chile (X tonnes), Australia (X tonnes), Mexico (X tonnes), France (X tonnes), Tanzania (X tonnes), Benin (X tonnes), Italy (X tonnes), Cote d'Ivoire (X tonnes) and the United Arab Emirates (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to nut exports from the U.S. stood at +X%. At the same time, Tanzania (+X%), Chile (+X%), Australia (+X%), the United Arab Emirates (+X%), Mexico (+X%), Cote d'Ivoire (+X%), Italy (+X%) and Benin (+X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. China, Hong Kong SAR, France and China experienced a relatively flat trend pattern. Mexico (-X%), Tanzania (-X%), Australia (-X%), Chile (-X%) and the U.S. (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest nut supplier from China, making up X% of global exports. The second position in the ranking was occupied by Tanzania ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In the U.S., nut exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Tanzania (+X% per year) and China, Hong Kong SAR (-X% per year).

Nut Export Prices by Country in China

In 2017, the nut export price in China amounted to $X per tonne, coming down by -X% against the previous year. Overall, nut export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the export prices for nuts reached its peak figure level of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per kg), while Benin ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Nut Imports into China

In 2017, the amount of nuts imported into China totaled X tonnes, coming up by X% against the previous year. Overall, nut imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. Over the period under review, the nut imports attained its peak figure volume of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, nut imports stood at $X in 2017. In general, the total imports indicated a strong expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the nut imports increased by +X% against 2015 indices. In that year, the nut imports reached their peak level, and are likely to continue its growth in the immediate term.

Nut Imports by Country into China

In 2017, India (X tonnes) and Viet Nam (X tonnes) were the main importers of nuts in the globe, together creating X% of total imports. China, Hong Kong SAR (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Italy (X%). China (X tonnes), the United Arab Emirates (X tonnes), Germany (X tonnes), the U.S. (X tonnes), Turkey (X tonnes), Spain (X tonnes), Mexico (X tonnes) and Sierra Leone (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Viet Nam ($X) and China, Hong Kong SAR ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Italy, Germany, China, Spain, the U.S., Turkey, the United Arab Emirates, Mexico and Sierra Leone lagged somewhat behind, together accounting for a further X%.

Turkey (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Nut Import Prices by Country in China

In 2017, the nut import price in China amounted to $X per tonne, going down by -X% against the previous year. Overall, the import price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the nut import price increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2015, when the import prices increased by X% against the previous year. China import price peaked of $X per tonne in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform