China has pushed Ukraine into the Turkish walnut market

Published 2022년 1월 9일

Tridge summary

China's walnut exports experienced a significant increase in 2021, with the value of exports rising by 60%. The country achieved record levels in both shell and kernel exports, with kernels doubling to 45-47 thousand tons and shells increasing by about 1.5 times to 110-115 thousand tons. This resulted in a Walnut export revenue of approximately $420 million for the year. Due to these strong performances, China is on track to rank third globally among walnut exporters, surpassing Chile and Ukraine, despite the latter's challenges. The United Arab Emirates, Kazakhstan, and Kyrgyzstan emerged as the top buyers, with the UAE showing the most significant growth. Notably, Turkey, which previously relied on Ukrainian walnuts, has shifted its preference to Chinese walnuts, contributing to a 2.2-fold increase in imports. Iraq, Vietnam, and Saudi Arabia rounded out the list of the fastest-growing markets for Chinese walnuts.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of walnuts from China in 2021 increased by 60% in value terms. Such preliminary results were announced by EastFruit analysts, agronews.ua writes. China has reportedly broken records for both walnut shell shells and walnut kernel records last year. It is estimated that the export of kernels has doubled during the year to 45-47 thousand tons, and the volume of exports of walnuts in shell - about 1.5 times to 110-115 thousand tons. In total, China earned about $ 420 million in walnut exports in 2021, which is also a new record. "According to the results of 2021, China may rise to third place in the world ranking of walnut exporters, bypassing Chile and increasing the gap with Ukraine, which is still difficult, but remains in fifth place. At the same time, Ukraine continued to experience difficulties with walnut exports due to low world prices and changes in the regime of access to the Turkish market, "the experts added. Among the six largest buyers of Chinese walnuts are ...

Source: AgronewsUA