We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
U.S. - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

U.S. - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jan 13, 2023

U.S. Shelled Walnut Export Soars to 15K Tons in November 2022

U.S. Shelled Walnut Exports

In November 2022, overseas shipments of shelled walnuts increased by 117% to 15K tons, rising for the second month in a row after six months of decline. Overall, exports saw a relatively flat trend pattern. The exports peaked at 20K tons in March 2022; however, from April 2022 to November 2022, the exports failed to regain momentum.

In value terms, shelled walnut exports surged to $69M (IndexBox estimates) in November 2022. In general, exports, however, showed a pronounced descent. The exports peaked at 125K tons in March 2022; however, from April 2022 to November 2022, the exports remained at a lower figure.

Exports by Country

Germany (2.4K tons), Spain (2.2K tons) and the Netherlands (1.5K tons) were the main destinations of shelled walnut exports from the United States, together comprising 40% of total exports. Japan, Canada, Jordan, South Korea, Taiwan (Chinese), Israel, the United Arab Emirates, Algeria, the UK and Australia lagged somewhat behind, together accounting for a further 46%.

From January 2022 to November 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +29.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shelled walnut exported from the United States were Spain ($10M), Germany ($10M) and the Netherlands ($6.3M), with a combined 39% share of total exports. These countries were followed by Canada, Japan, South Korea, Jordan, Taiwan (Chinese), Israel, the United Arab Emirates, the UK, Australia and Algeria, which together accounted for a further 47%.

In terms of the main countries of destination, Algeria, with a CAGR of +26.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In November 2022, the shelled walnut price stood at $4,472 per ton (FOB, US), falling by -4.6% against the previous month. Over the period under review, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 1.1% month-to-month. As a result, the export price reached the peak level of $6,851 per ton. From March 2022 to November 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2022, the country with the highest price was Taiwan (Chinese) ($5,188 per ton), while the average price for exports to Algeria ($1,940 per ton) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-1.5%), while the prices for the other major destinations experienced a decline.

Factors Affecting Shelled Walnut Prices

Walnuts are an excellent source of protein, fiber, and essential fatty acids, making them a perfect addition to any healthy diet. The price of shelled walnuts can be influenced by several factors, including the type of nuts, the size of the crop, and global demand.

The type of nut can affect the price of shelled walnuts. For example, California produces 99 percent of the world's English walnuts, while Oregon is responsible for most of the country's French filbert production. Because English walnuts are more common, they typically sell for a lower price than French filberts.

The size of the crop can also influence the price of shelled walnuts. When there is a large harvest, prices tend to be lower than when supplies are limited. This is because growers can afford to sell their nuts at a discount when there is an abundance of them available.

Finally, global demand can also impact the price of shelled walnuts in the United States. When there is high demand from other countries, growers may be able to charge more for their nuts. Conversely, if global demand is low, prices may drop in order to encourage sales.

The price of shelled walnuts in the United States has been on the rise in recent years, due to a number of factors. The most significant factor is the increasing demand for walnuts, both from domestic consumers and from international markets. This demand has driven up prices for raw nuts, which in turn has led to higher prices for shelled walnuts. Additionally, the cost of labor and transportation has also risen in recent years, further contributing to the higher price of shelled walnuts.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shelled walnut market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 222 - Walnuts

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Shelled Walnuts - United States
Table
Shelled Walnuts - United States - Table
Dashboard
Shelled Walnuts - United States - Dashboard
Report
Shelled Walnuts - United States - Report