Exports of walnut from Ukraine will increase this year

Published 2022년 11월 19일

Tridge summary

The USDA's Tree Nuts report for the 2022/23 season forecasts a significant shift in the global walnut market. Despite an expected 17% drop in domestic production due to reduced acreage in Ukraine, largely due to the Russian invasion, walnut exports are projected to surge by nearly 60% to 95 thousand tons. This increase is attributed to higher demand and the availability of other sources. On a global scale, walnut production is anticipated to rise by 12% to 2.6 million tons, primarily due to a 27% increase in production from China, which is expected to reach 1.4 million tonnes. However, US walnut exports are projected to decrease by 3% to 485,000 tonnes, largely due to reduced shipments to the EU, Turkey, and the UAE.

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Original content

According to the Tree Nuts report of the US Department of Agriculture (USDA), in the 2022/23 season, the export of walnuts from Ukraine will increase by almost 60% to 95 thousand tons, reports AgroTimes. At the same time, nut production in Ukraine is forecast to drop by 17% to 96,000 tons due to a sharp reduction in acreage in certain areas of Donetsk, Zaporizhzhia, Luhansk, Mykolaiv, Kharkiv and Kherson regions after the Russian invasion in February 2022. According to the USDA, in the 2022/23 season, world production of walnuts will reach 2.6 million tons (in shell), which is 12% more than last season. Production in China, the second largest producer of walnuts, is estimated to increase by 27% from the previous year in 2022/23 to 1.4 million tonnes due to favorable growing conditions. China's walnut exports are set to rise 6% year-on-year to 225,000 tonnes thanks to increased shipments to China's key markets, ...

Source: Infoindustria