The supply of shelled walnuts in China in 2023 stood at 1.420 million metric tons. Forecasted data indicates a steady year-on-year increase as follows: 3.66% in 2024, 3.66% in 2025, 3.49% in 2026, 3.34% in 2027, and 3.20% in 2028. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is 3.47%.
Future trends to watch for:
• Increasing domestic consumption driven by rising health awareness.• Potential impacts of climate change on walnut production.• Changes in global trade policies affecting exports and imports.• Advances in agricultural technology and practices improving yield efficiency.• Shifts in consumer preferences towards organic and sustainably sourced products.
