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.