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World - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Walnuts - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Oct 3, 2018

Global Walnut Market - Germany, Japan and South Korea Emerge as Top Export Markets

IndexBox has just published a new report "World - Walnuts - Market Analysis, Forecast, Size, Trends and Insights". Here is a summary of the report's key findings

Global Walnut Consumption Has Softened Its Robust Growth

In 2017, the volume of the global shelled walnut consumption stood at approx. X tons. There was a robust increase from 2008-2016, but then it levelled off due to a slight decrease of the supply in China; despite that, there was an average annual increase of +X% for the period from 2007 to 2017.

In value terms, the global walnut market stood at $X in 2017 (IndexBox estimates), recovering slightly after a sharp drop of 2016. A gradual increase over the period from 2010 to 2015 was followed by a sharp -X% decline in 2016, when the global walnut market shrank by afterwards, the market value bounced back slightly. These fluctuations were caused by a downturn in walnut prices in 2016 on the backdrop of large harvests in major exporting countries, but then the market stabilized.

Rising population and incomes, health awareness and the current demand for healthy food and for various different ingredients designed to be used for health and beauty purposes, all constitute the main driving force behind the walnut market. Therefore, the market volume is expected to continue an upward consumption trend, increasing with an anticipated CAGR of +X%, which will take the market volume to X tons.

China Comprise Approx. a Half of Global Walnut Consumption

China (X tons) was the country with the highest level of consumption, accounting for X% of the global figure. It was followed by Iran (X tons), the U.S. (X tons) and Turkey (X tons). In addition, China was the largest producer of walnuts in the world.

In 2017, amongst the key consumer countries, Iran (X kg per person) registered the highest per capita consumption figure. It was followed by Turkey (X kg/person), the U.S. (X kg per person) and China (X kg per person). Per capita consumption in these countries was higher than the global average of X kg per person. While the per capita consumption in China and the U.S. posted a significant growth from 2007-2017 (with a CAGR of +X% and +X%, respectively), in Iran the growth was more moderate (+X% per year); in Turkey, it mirrored its outset level.

Global Walnut Production Levelled Off After a Period of a Strong Growth

The production of walnuts reached X tons (in-shell weight) in 2017, fluctuating mildly over the period under review. The overall trend pattern was upward, rising on average by +X% per year from 2007 to 2017; however, it flattened in 2017 due to a slight decrease of production in China. The harvested area in terms of walnut orchards also expanded robustly, reaching X thousand Ha worldwide.

China Continues to Dominate Global Walnut Production

China remains the key global walnut producing country with an output of approx. X tons (in-shell weight) in 2017, which accounted for X% of the total output. The other major producers lagged far behind in terms of walnut output: the U.S. (X%), Iran (X%), Turkey (X%), Mexico (X%) and Ukraine (X%).

In China, production levels had been increasing by +X% annually from 2007 to 2017. Chinese walnut cultivation is mainly situated in the provinces of Yunnan, Xinjiang, Hebei, Shaanxi, Henan and Gansu. In 2017, adverse weather conditions damaged the crop in the Yunnan province, the country's largest walnut producing region. In the other major provinces, the harvest developed slightly due to new bearings and improved irrigation, but that was not enough to offset the loss in Yunnan - it resulted into a slight decrease of the production volume in China, and, consequently, the world total.

Only X% of the Global Walnut Output Is Intended for Exports

Walnuts are a widely traded commodity, with the share of exports in total global output standing at approx. X% in 2017. The trade intensity is not very high due to the most of walnuts are consumed locally (especially in China); however, there are small but significant amounts of imported walnuts in many countries throughout the world.

The U.S. Remains the Main Global Supplier of Walnuts

The export volume totaled X tons in 2017 which is X% more than in the previous year. The volume of walnut export maintained a stable positive trend, growing with an average growth rate +X% per year.

In 2017 the value of exports totaled $X which was the peak value in the observed period. Unlike the export volume, the export value was fluctuating during the observed period due to price fluctuations. There was a sharp drop in 2016 due to a decrease in walnut price that year, depressed by an oversupply of rich harvests in major producing countries. In the following year, the prices bounced back slightly, and the value of imports has almost regained its former peak level.

As of 2017, USA had the largest export volume of X tons, comprising X% of total global import. It was followed by Mexico (X%), Ukraine (X%), Chile (X%), Moldova (X%) and Germany (X%).

Germany was the fastest growing walnut exporter with a CAGR of +X% per year, however, as it . It was followed by Chile (+X% per year), Mexico (+X% per year) and Japan (+X% per year).

Germany Emerged as the Largest Walnut Importer

The volume of global imports totaled X tons in 2017, which is X% more than in the previous year. In value terms, it equated $X. The volume of walnut import maintained a trend pattern which echoed that of the volume of exports: these trade flows complement each other at a global scale.

As of 2017, Germany had the largest import volume of X tons which was X% of total global import. It was followed by Japan (X%), South Korea (X%), Spain (X%), France (X%) and Canada (X%).

Germany was also the fastest growing walnut importer with a CAGR of +X% from 2007-2017. It was followed by South Korea (+X% per year), Spain (+X% per year) and Japan (+X% per year).

Do you want to know more about the global walnut market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • walnut market share
  • walnut prices
  • walnut industry
  • walnut sales
  • walnut import
  • walnut export
  • walnut market forecast
  • walnut price forecast
  • key walnut producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global walnut market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 222 - Walnuts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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