Brazil: Walnut Market 2025

Walnut Market Size in Brazil

The Brazilian walnut market contracted to $X in 2021, shrinking by -12.9% against the previous year. Overall, consumption showed a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Walnut Production in Brazil

In value terms, walnut production shrank rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2014 when the production volume increased by 390% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

The average yield of walnuts in Brazil amounted to X tons per ha in 2021, picking up by 13% compared with the year before. Overall, the yield, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 31%. Over the period under review, the average walnut yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of walnuts production in Brazil shrank slightly to X ha, reducing by -2.2% on 2020. The harvested area increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 17%. The walnut harvested area peaked at X ha in 2018; however, from 2019 to 2021, the harvested area remained at a lower figure.

Walnut Exports

Exports from Brazil

In 2021, approx. X tons of walnuts were exported from Brazil; with an increase of 17,437% on the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, walnut exports surged to $X in 2021. Over the period under review, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand (X tons) was the main destination for walnut exports from Brazil, accounting for a 87% share of total exports. Moreover, walnut exports to Thailand exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), sevenfold. France (X tons) ranked third in terms of total exports with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+2.4% per year) and France (-27.6% per year).

In value terms, Thailand ($X) emerged as the key foreign market for walnut exports from Brazil, comprising 84% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 14% share of total exports. It was followed by France, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+3.1% per year) and France (-27.2% per year).

Export Prices by Country

The average walnut export price stood at $X per ton in 2021, declining by -67.4% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 372%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Walnut Imports

Imports into Brazil

Walnut imports into Brazil shrank sharply to X tons in 2021, reducing by -48.6% against the previous year. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 74%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, walnut imports shrank markedly to $X in 2021. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of 54%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Chile (X tons) constituted the largest supplier of walnut to Brazil, accounting for a 76% share of total imports. Moreover, walnut imports from Chile exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Chile amounted to -14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+40.3% per year) and the United States (-22.5% per year).

In value terms, Chile ($X) constituted the largest supplier of walnut to Brazil, comprising 82% of total imports. The second position in the ranking was taken by Argentina ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile stood at -15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+31.6% per year) and the United States (-34.1% per year).

Import Prices by Country

The average walnut import price stood at $X per ton in 2021, growing by 2.9% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Chile ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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