China: Walnut Market 2025

Walnut Market Size in China

In 2021, after two years of growth, there was decline in the Chinese walnut market, when its value decreased by -3.9% to $X. Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Walnut Production in China

In value terms, walnut production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, saw strong growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 128% against the previous year. Walnut production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

In 2021, the average yield of walnuts in China contracted to X tons per ha, approximately equating 2020 figures. Overall, the yield, however, saw a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 28% against the previous year. The walnut yield peaked at X tons per ha in 2020, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of walnuts were harvested in China; waning by -3.9% against 2020 figures. In general, the harvested area continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 16% against the previous year. The walnut harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Walnut Exports

Exports from China

In 2021, the amount of walnuts exported from China soared to X tons, with an increase of 44% against the year before. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2017 when exports increased by 2,605% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, walnut exports skyrocketed to $X in 2021. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 3,357%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The United Arab Emirates (X tons), Kazakhstan (X tons) and Turkey (X tons) were the main destinations of walnut exports from China, with a combined 58% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +523.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Kazakhstan ($X) were the largest markets for walnut exported from China worldwide, together comprising 56% of total exports.

Turkey, with a CAGR of +414.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average walnut export price amounted to $X per ton, falling by -2.8% against the previous year. In general, the export price, however, posted mild growth. The pace of growth appeared the most rapid in 2013 an increase of 111% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Morocco ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Kazakhstan ($X per ton) and Iraq ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+0.2%), while the prices for the other major destinations experienced a decline.

Walnut Imports

Imports into China

Walnut imports into China fell significantly to X tons in 2021, which is down by -28.6% compared with the previous year's figure. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 26%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, walnut imports reduced dramatically to $X in 2021. Over the period under review, imports faced a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by 24% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of walnut imports to China, with a combined 99.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +59.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest walnut suppliers to China were the United Arab Emirates ($X), Chile ($X) and the United States ($X), with a combined 99.9% share of total imports.

Chile, with a CAGR of +54.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average walnut import price stood at $X per ton in 2021, which is down by -8% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2014 an increase of 19%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :