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Chilean Walnut Guide

Country Specific
Oct 20, 2021
Edited by
Roy Park
HS Code: 080232 - Nuts, edible; walnuts, fresh or dried, shelled
|
FAO Code: 0222 - Walnuts, with shell
Share in Export
2020
8.55%Rank 3
Share in Import
2020
≈ 0.02%Rank 89
Share in Production
2020
-
Export Volume
2020
191.43MUSD
1Y -15.14%
Import Volume
2020
390.14KUSD
1Y +53.56%

Market outlook

How is the market landscape for in-shell walnuts?

Global Market

Global Market Size: $6 B (2020)

-12% increase in market size compared to previous year

-Expected to gain market growth in the forecast period of 2021-2025 at 3.1% CAGR 


Export Market

US: 415 M

Chile: 177 M

China: 169 M

Mexico: 94 M

France: 66 M

Turkey: 43 M

Australia: 11 M


Import Market

Mexico: 151 M

Turkey: 142 M

Italy: 119 M

UAE: 93 M

India: 57 M

Spain: 37 M

Germany: 36 M 


Trends

-Chile exported 90% more nuts in 2021 Q1 compared to that of the previous year

-Chile’s production increased in Q1 2021 due to increase in planted area, favorable weather conditions, and a rebound in demand for nuts

-India is becoming a large importer of walnuts; increased from only 215 tons imported in 2013 to 23 thousand tons in 2020

Chile
Raw Walnut

What is the market landscape for shelled walnuts?

Global Market

Global Market Size: $6 B (2020)

- 12% Increase in market size compared to previous year

- Expected to gain market growth in the forecast period of 2021-2025 at 3.1% CAGR 


Export Market

US: 832 M

Mexico: 491 M

Chile: 207 M

Germany: 138 M

China: 116 M

Ukraine: 88 M

Moldova: 70 M


Import Market

Germany: 313 M

Japan: 136 M

Spain: 121 M

Netherlands: 85 M

Canada: 84 M

South Korea: 82 M

UK: 78 M 


Key Trends

- Chile exported 90% more nuts in 2021 Q1 compared to that of the previous year

- Production increased due to an increase in planted area, favorable weather conditions, and a rebound in demand for nuts

- Generally, higher prices are achieved with light-colored kernel varieties, such as Chandler and bigger sizes

- Germany imports of Chilean walnut kernels increased by 30% over the last 5 years

Chile
Raw Walnut
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