Despite the reduction of the harvest, Ukraine will increase the export of walnuts by 66% - USDA

Published 2023년 7월 10일

Tridge summary

The US Department of Agriculture (USDA) forecasts that in 2023/24, Ukraine's walnut exports will increase by 66% to 80 thousand tons compared to the previous season. Ukrainian exporters will continue to reduce prices to sell off their accumulated stock of 48.5 thousand tons. However, walnut production is expected to decrease slightly to 106.5 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023/24 MR, the export of walnuts will amount to about 80 thousand tons, which is 66% more compared to the previous season (48.2 thousand tons). Analysts of the US Department of Agriculture (USDA) made a corresponding forecast. Follow the news in a convenient format: Follow us on Twitter Ukrainian exporters will continue to reduce prices in order to sell off accumulated stocks, which are estimated at 48.5 thousand tons. Walnut production is forecast at 106.5 thousand tons, which is 1 thousand tons less than last year (107.66 thousand tons). Read also: How to properly dry and store nuts in winter: tips As a reminder, the FG "Gardens of Cherkasy" plans to reduce the nut garden by 50%. Instead, they should plant plums, apricots and a niche culture — elderberry, said Oleg Konovalyuk, the head of the enterprise. Over the past three or four years, hazelnuts have been the dominant crop in planted nut orchards. The share of industrial nut orchards is 42.1% of the area of all orchards ...
Source: Landlord

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.