The Chilean walnut market is experiencing a surge in prices, with the Chandler 80 Lhp variety seeing a 25% increase since March, reaching its highest level since January 2022. This price hike is largely due to the anticipated 2024 harvest and a decrease in this year's harvest, which is over 15% lower than the previous year. This price trend is also impacting the US market, where prices have risen by 9% due to strong demand.