Tridge summary
In 2021, China is projected to become the world's third-largest walnut exporter, surpassing Chile and Ukraine, due to record exports of walnut kernels and shells, with total earnings reaching $420 million, marking a new record. Turkey has noticeably increased its imports of Chinese walnuts, while Ukraine's exports have been hampered by low global prices and market access issues. The fastest-growing markets for Chinese walnuts are Iraq, Vietnam, and Saudi Arabia, with significant increases in their purchases throughout the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
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 in exporting walnuts due to low world prices and changes in the regime of access to the Turkish market. This was reported by EastFruit. China has broken records for both walnut shell exports and last year's walnut kernels. 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. In total, China earned about $ 420 million in walnut exports in 2021, which is also a new record. "By the way, Turkey, which has sharply reduced walnut imports from Ukraine, seems 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 ...
Source: Landlord
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