Walnut growers of Moldova see prerequisites for improving the situation in the new marketing season

Published Jul 19, 2024

Tridge summary

Moldova's walnut industry is facing challenges such as low demand and prices in Europe, production stagnation, and restructuring of external supplies. However, the International Nut and Dried Fruit Organization reports a 45% increase in global walnut production over the past decade, with potential opportunities for Moldova to improve its situation. The Association of Nut Growers of Moldova is encouraging walnut growers and traders to prepare for a better marketing season. Despite a decrease in nut production in Moldova, the country has managed to export nut kernels and inshell nuts to several countries, with Romania becoming a significant buyer. The industry is also struggling with diseases and the impact of extreme drought, adding to the economic challenges faced by growers.

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Original content

Over the past few years, under the pressure of low demand and prices on the European market, production stagnation and restructuring of external walnut supplies have been observed in Moldova, writes EastFruit. In the new marketing season, there are prerequisites for changing the situation for the better, the Association of Nut Growers of Moldova (ANRM) believes and calls on walnut growers and traders to be ready to take advantage of the newly opening “window of opportunity.” Where they came from, where they came AgroExpert quotes ANRM Chairman Oleg Tirsine, who outlined the current situation in the nut business. According to the International Nut and Dried Fruit Organization (INC), over the past decade, global walnut production has increased by 45% - from 1.83 million in MY 2014/15 to 2.58 million tons in MY 2023/24 (weight of fruit in hard shell). At the same time, in Moldova over the same period, nut production decreased by 38% - from 32 thousand to 21.3 thousand tons. INC data ...

Source: Eastfruit