China has pushed Ukraine into the world walnut market

Raw Walnut

China

Ukraine

Published Jan 11, 2022

Tridge summary

This was reported by east-fruit.com. "China has broken records for both walnut shell exports and walnut kernels last year. It is estimated that the export of kernels has doubled during the year to 45-47 thousand tons, and the volume of exports of walnuts in shell - about 1.5 times to 110-115 thousand tons, "- said in a statement. In total, China earned about $ 420 million in walnut exports in 2021, which is also a new record.

Original content

In 2021, China could rise to third place in the world ranking of walnut exporters, surpassing Chile and widening the gap with Ukraine, which is still difficult, but remains in fifth place. At the same time, Ukraine continued to experience difficulties with walnut exports due to low world prices and changes in the regime of access to the Turkish market. "Among the six largest buyers of Chinese walnuts are three countries from the post-Soviet space: Kazakhstan, Kyrgyzstan and Russia. Although the main buyer of nuts in 2021 were the UAE, which increased imports by 3.5 times a year. Kazakhstan and Kyrgyzstan are in second and third place, respectively, ”analysts added. In addition, Turkey, which has sharply reduced walnut imports from Ukraine, appears to have replaced Ukrainian walnuts with Chinese ones. According to the results of 2021, the export of walnuts from China to Turkey increased 2.2 times, and Turkey ranked fourth in the ranking of the most important markets for this type ...

Source: Agravery