Nuts

Walnuts: high yields in China and the USA compensate for crop deficits

March 24, 2021 4:48 PM, Der AUDITOR
Play report as audio

SACRAMENTO/SANTIAGO. Thanks to significant increases in production in countries such as China, Chile and the USA, the international market should be sufficiently supplied with walnuts. However, the pandemic causes some logistical delays and a shift in demand.

Europe cuts walnut imports by 5%

California Walnuts' latest export report reveals that US walnut shipments to domestic and foreign markets have increased 19% year-on-year since the start of the season. While total domestic shipments were only 1% higher than last season, exports to Asia were up 46% and to Africa 41%. Exports to Europe, meanwhile, declined by 5%. For example, shipments of in-shell walnuts to Germany (-13% to 19,443 mt) and Italy (-9% to 21,785 mt) decreased. Turkey, however, increased its imports by a whopping 25% to 46,265 mt.

View related articles

Go to the News Overview
Nuts
Sep 29, 2022
MADRID/SACRAMENTO. Spain's almond harvest is progressing, but yields leave much to be desired. Market players are also dissatisfied with the development of demand.
Nuts
Sep 29, 2022
ORDU. With the US dollar gaining in strength and the euro losing in value buying and selling hazelnuts has become even more difficult for suppliers in Turkey. There is also some good news concerning the crop.
Nuts
Sep 28, 2022
MANILA. The coconut market, like all other markets, has been badly hit by the crises in the world market. In addition, there is the typhoon season, which has already caused damage in the Philippines; all this will have an impact on prices.
Nuts
Sep 26, 2022
ATLANTA. Over the past four seasons, pecan sales have increased massively in the US domestic market, and exports also achieved the hoped-for increase in the 2020/21 season. Farmers are struggling to keep up with the high demand.