Pine nuts: slight correction of export prices

August 26, 2021 10:58 AM, Der AUDITOR
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BEIJING. Due to various circumstances, Germany has significantly reduced the import of pine nuts from China this season. Russian exporters are benefiting the most, as even at the end of the season, imports are still significantly higher than the year before.

Germany gives preference to Russia

Due to pandemic-related factors such as closed borders, container shortages and high freight rates, Germany imported significantly fewer pine nuts from China this season than in previous years. This in turn benefited countries such as Russia and Spain, which became much more prominent.

Between September 2020 and June 2021, Germany imported a total of 4,857 mt of pine nuts, around 6% more than in the same period last year. While shipments from China declined by almost a quarter to 2,895 mt, imports from countries such a

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