Global pine nut production is expected to decrease by nearly 30%, with prices reaching a new high!

According to the latest yield forecast released by the International Nut and Dried Fruit Council (INC), the global supply of pine nuts is extremely tight, pushing market prices upwards. Recent data from the INC shows that the global yield of pine nuts in shell for the 2025/26 season is expected to drop by 28%, mainly due to a 44% decline in production in China. In contrast, the yield in the Mediterranean region is expected to increase by 16%, driven by Turkey. Pine kernel production is expected to decrease by 18% from 44,840 tons in the 2024/25 crop season to 36,702 tons in the 2025/26 crop season. The total supply of pine nuts in shell will decrease by 18% to 164,600 tons, and the total supply of pine kernels will drop by 10% to 46,559 tons. The China Food and Animal and Plant Product Import and Export Association noted that the production contraction, especially in China, has driven up the price of raw materials. Although Russian production is expected to increase by 20% compared to last year, unfavorable weather has caused early shedding of pine cones in many areas, forcing an initial estimate to be revised downwards. However, a bumper harvest is expected next year. Unlike most Mediterranean countries, Turkey's production has increased significantly. Italy experienced extremely high temperatures from late August to early September, affecting the development of pine cones on trees and delaying the harvest until October. Spain, on the other hand, lost about 16,000 hectares of pine forests to wildfires, severely affecting production. The reduction in production has driven market prices to new highs. Image source: Mundus Agri 2025 International Fruit and Vegetable Report. All rights reserved. For permission to reproduce, contact the International Fruit and Vegetable Report and credit the source as the International Fruit and Vegetable Report.