Germany: Shelled Walnut Market 2024

Shelled Walnut Market Size in Germany

The German shelled walnut market skyrocketed to $X in 2022, jumping by 56% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Shelled Walnut Production in Germany

In value terms, shelled walnut production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 9.1%. Shelled walnut production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Shelled Walnut Exports

Exports from Germany

After ten years of growth, shipments abroad of shelled walnuts decreased by -17.4% to X tons in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 34% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank markedly in the following year.

In value terms, shelled walnut exports totaled $X in 2022. In general, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 37%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X tons), Spain (X tons) and the UK (X tons) were the main destinations of shelled walnut exports from Germany, with a combined 38% share of total exports. France, the Netherlands, Italy, Poland, Switzerland, Romania, Portugal, Sweden, the Czech Republic and Greece lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +40.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shelled walnut exported from Germany were Spain ($X), the UK ($X) and Austria ($X), together comprising 37% of total exports. France, the Netherlands, Italy, Poland, Switzerland, Portugal, Sweden, Greece, Romania and the Czech Republic lagged somewhat behind, together comprising a further 47%.

Romania, with a CAGR of +36.1%, saw 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

The average shelled walnut export price stood at $X per ton in 2022, jumping by 24% against the previous year. Overall, the export price, however, recorded a noticeable curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per ton) and France ($X per ton), while the average price for exports to Austria ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-0.1%), while the prices for the other major destinations experienced a decline.

Shelled Walnut Imports

Imports into Germany

In 2022, the amount of shelled walnuts imported into Germany skyrocketed to X tons, picking up by 21% on the year before. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, shelled walnut imports skyrocketed to $X in 2022. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of shelled walnut to Germany, with a 66% share of total imports. Moreover, shelled walnut imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+17.6% per year) and the Netherlands (+30.3% per year).

In value terms, the United States ($X) constituted the largest supplier of shelled walnuts to Germany, comprising 67% of total imports. The second position in the ranking was held by Chile ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 4% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+13.4% per year) and the Netherlands (+27.1% per year).

Import Prices by Country

The average shelled walnut import price stood at $X per ton in 2022, growing by 34% against the previous year. In general, the import price, however, recorded a pronounced descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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