China Nut Report: Per capita consumption will reach 1kg, and macadamia nut imports will double in three years!

Published 2024년 10월 29일

Tridge summary

The USDA's 'Annual Report on Tree Nuts in China' reveals a significant growth in China's nut consumption, with an annual increase of 5% over the last five years, driven by changing dietary preferences and product innovations. As of 2023, China is the world's largest importer of macadamia nuts, the second largest importer of pistachios, and the third largest importer of almonds. This trend is expected to persist, especially with the rise in global supply and the surge in plant-based food consumption. Despite challenges like price sensitivity, the nut industry remains optimistic about its future growth. The report also highlights a decline in walnut imports due to increased domestic production but a surge in walnut exports, thanks to increased domestic production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The "Annual Report on Tree Nuts in China" released by the U.S. Department of Agriculture (USDA) shows that China's nut consumption has increased by 5% annually in the past five years, and the annual per capita nut consumption in 2030 may double that of 2023. In 2023, China's nut imports reached 427,000 tons, making it the world's largest importer of macadamia nuts, the second largest importer of pistachios, and the third largest importer of almonds. The increase in global supply, changes in dietary concepts, and product innovation in the nut industry will drive continued growth in nut imports. Consumption Although China's overall consumption is weak, changes in dietary concepts will drive a moderate increase in nut consumption. In the post-epidemic era, consumers pay more attention to the nutrition and function of food. Tree nuts are a typical representative of healthy snacks and are increasingly favored by urban middle-class consumers. According to the INC report, China's nut ...
Source: Guojiguoshu

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