Italy: Shelled Walnut Market 2025

Shelled Walnut Market Size in Italy

The Italian shelled walnut market rose markedly to $X in 2022, growing by 5.2% against the previous year. The market value increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Shelled Walnut Production in Italy

In value terms, shelled walnut production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 44% against the previous year. Shelled walnut production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Shelled Walnut Exports

Exports from Italy

In 2022, the amount of shelled walnuts exported from Italy skyrocketed to X tons, growing by 22% against the previous year's figure. In general, exports, however, saw a mild curtailment. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, shelled walnut exports expanded rapidly to $X in 2022. Overall, exports, however, continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2014 when exports increased by 27%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for shelled walnut exports from Italy, accounting for a 27% share of total exports. Moreover, shelled walnut exports to Belgium exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.5% per year) and Spain (+84.5% per year).

In value terms, Belgium ($X) remains the key foreign market for shelled walnuts exports from Italy, comprising 34% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.9% share of total exports. It was followed by Spain, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.1% per year) and Spain (+79.5% per year).

Export Prices by Country

The average shelled walnut export price stood at $X per ton in 2022, reducing by -13.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2014 an increase of 31% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Shelled Walnut Imports

Imports into Italy

For the fourth consecutive year, Italy recorded growth in supplies from abroad of shelled walnuts, which increased by 10% to X tons in 2022. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 24% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, shelled walnut imports skyrocketed to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.2% 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 +29.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X tons), Chile (X tons) and Germany (X tons) were the main suppliers of shelled walnut imports to Italy, together comprising 79% of total imports. Ukraine, Romania, the Netherlands, Argentina, France and Moldova lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +36.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest shelled walnut suppliers to Italy were Chile ($X), the United States ($X) and Germany ($X), with a combined 81% share of total imports. Ukraine, the Netherlands, Argentina, Romania, France and Moldova lagged somewhat behind, together accounting for a further 15%.

In terms of the main suppliers, Argentina, with a CAGR of +31.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average shelled walnut import price amounted to $X per ton, increasing by 13% against the previous year. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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