Global trading platform TridgeGlobal trading platform TridgeGlobal trading platform Tridge
Intelligence & Data
Sign In
Current Plan
Intelligence & Data Solution
Get started with Premium Plan of our Intelligence & Data Solution to get access to premium content and data in food and agriculture
Local News

China continues to squeeze walnut competitors in the global market

Грецкий орех: Китай продолжает теснить конкурентов на мировом рынке
This news article has been translated to English.
Walnut Kernel
Raw Walnut
Price Trend
Supply Yield / Stock Quantity
Jan 4, 2022
Share This News
According to EastFruit analysts, in 2021, the export of walnuts from China increased, according to preliminary estimates, by 60% in value terms. And this is against the background of record low prices for walnuts in the first half of the calendar year. It should be noted that several post-Soviet countries turned out to be among the main importers at once. Interestingly, China has updated the export records for inshell walnuts and walnut kernels in 2021.
According to our estimates, the export of kernels has doubled over the year to 45-47 thousand tons, and the volume of exports of inshell walnuts - approximately one and a half times to 110-115 thousand tons. In total, China earned about $ 420 million from the export of walnuts in 2021, which also became a new record. Thus, at the end of 2021, China can rise to third place in the world ranking of walnut exporters, bypassing Chile and increasing the gap with Ukraine, which is still struggling, but is holding the fifth position. At the same time, Ukraine continued to experience difficulties with the export of walnuts due to low world prices and changes in the regime of access to the Turkish market (read more about the results of the Ukrainian walnut season here). By the way, it is interesting to note that among the six largest buyers of Chinese walnuts there are three post-Soviet countries at once: Kazakhstan, Kyrgyzstan and Russia. At the same time, the export of walnuts from China ...
Was this news article helpful?
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.