Global Shelled Walnut Market 2024

Shelled Walnut Market Size

The global shelled walnut market amounted to $X in 2022, surging by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Shelled Walnut Production

In value terms, shelled walnut production expanded markedly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, global production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Shelled Walnut Exports

Exports

Global shelled walnut exports rose to X tons in 2022, increasing by X% on the previous year's figure. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, shelled walnut exports rose significantly to $X in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States was the main exporting country with an export of around X tons, which recorded X% of total exports. China (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (X%), Chile (X%) and Ukraine (X%). Germany (X tons), Kyrgyzstan (X tons), Turkey (X tons), Moldova (X tons), Romania (X tons) and the Netherlands (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to shelled walnut exports from the United States stood at X%. At the same time, Mexico (X%), China (X%), Turkey (X%), the Netherlands (X%), Germany (X%), Kyrgyzstan (X%) and Chile (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Romania experienced a relatively flat trend pattern. By contrast, Ukraine (X%) and Moldova (X%) illustrated a downward trend over the same period. Mexico (X p.p.), China (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the global exports, while Romania, Moldova and Ukraine saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest shelled walnut supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Mexico ($X), with an X% share of global exports. It was followed by China, with a X% share.

In the United States, shelled walnut exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (X% per year) and China (X% per year).

Export Prices by Country

The average shelled walnut export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other global leaders experienced more modest paces of growth.

Shelled Walnut Imports

Imports

For the fourth year in a row, the global market recorded growth in purchases abroad of shelled walnuts, which increased by X% to X tons in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, shelled walnut imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Spain (X tons), the Netherlands (X tons), Japan (X tons) and Turkey (X tons) represented the key importers of shelled walnuts, together creating X% of total imports. The following importers - South Korea (X tons), France (X tons), the UK (X tons), Canada (X tons), Italy (X tons), Kyrgyzstan (X tons), Israel (X tons) and Austria (X tons) - together made up X% of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Turkey (X%), the Netherlands (X%), Israel (X%), Italy (X%), Austria (X%), Spain (X%), the UK (X%), France (X%), Japan (X%), Canada (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Germany, Turkey, Kyrgyzstan and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported shelled walnuts worldwide, comprising X% of global imports. The second position in the ranking was taken by Spain ($X), with an X% share of global imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany totaled X%. In the other countries, the average annual rates were as follows: Spain (X% per year) and Japan (X% per year).

Import Prices by Country

The average shelled walnut import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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