Italy invests in nuts, but the climate cuts yields and reduces production

Published May 25, 2024

Tridge summary

Italy is among the top ten global producers of hazelnuts, almonds, walnuts, chestnuts, and pistachios, with a production of 270 thousand tonnes in 2023. However, exceptional climatic events have led to a 7% reduction in domestic supply, necessitating imports of nearly twice the national production. The country's confectionery industry and increased internal consumption have contributed to a significant rise in nut consumption, reaching 638 thousand tonnes in 2023, an increase of 25% from a decade ago. Walnuts and almonds are the most preferred nuts due to their nutritional properties, while price, quality, and format are the primary purchase drivers. The functional and recreational aspects of nut consumption, as well as their versatility in various situations, have also been highlighted in a recent analysis.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Italy's production of hazelnuts, almonds, walnuts, chestnuts and pistachios in 2023 amounts to 270 thousand tonnes. A rich and diversified offer, in terms of variety and distinctive characteristics, an expression of the multiple territories of origin, which places the Italy in the top ten of world producers. In the last decade, despite the increase in invested surfaces, exceptional climatic events have penalized yields, reducing domestic supply by 7% and resulting in greater use of imported products. These are some of the main findings of the ISMEA analysis presented today at the conference "The General States on nuts" organized at Macfrut in Rimini. In more detail, as emerges from the presentation by Mario Schiano, ISMEA market analyst, Italy imported a quantity of 460 thousand tonnes in 2023, almost twice the national production, for a value of 1.4 billion euros. These are mainly extra-EU supplies with the USA, Turkey and Chile which together account for over 50% of the total ...
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