Nut business in Moldova: Focus on quality

Published 2024년 3월 25일

Tridge summary

The Moldovan walnut industry has experienced a positive shift in the 2023/2024 marketing year due to increased demand and prices, despite previous challenges from non-adapted planting material and global supply increases. The industry's growth has been aided by a transition to farm-based production, increased sales of hard-shelled nuts, and exploration of alternative markets like Turkey. However, the industry has also faced setbacks, including accusations of monopolistic practices by the three largest nut traders-exporters and the impact of the global pandemic, energy crisis, and the US-China trade war, which led to a sharp drop in nut prices.

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

Original content

The development of Moldovan agribusiness, unfortunately, is subject to the “pendulum rule”: it swings from side to side. Sometimes, under the influence of favorable or unfavorable factors, the amplitude of the oscillation increases or decreases. In the 2023/2024 marketing year, under the beneficial influence of growing demand and prices, the “pendulum” of the nut business in Moldova swung in a positive direction. Summarizing the facts, the editor of AgroExpert tried to predict how stable and long-lasting this trend is. Observation one: the walnut industry in Moldova is entering a phase of qualitative growth 10–15 years ago, the Moldovan walnut industry “grew by leaps and bounds” due to high prices for export products (at relatively low costs for the “spontaneous commercial” procurement of nut kernels collected by individuals from roadside alleys / forest belts) and on the frantic investments of investors far from agriculture in the walnut orchards of the “pension fund.” That is, ...

Source: Eastfruit