In 2023, the import of shelled walnuts to China stood at 2.4116 million kilograms. From 2024 onwards, projections indicate a modest annual decline of approximately 2% as imports are forecasted to decrease from 2.3613 million kilograms in 2024 to 2.1661 million kilograms by 2028. The CAGR over the forecast period, from 2024 to 2028, suggests a slight annual decline of around 2% in the volume of imports.
Future trends to watch for:
- Potential changes in import tariffs and trade policies could significantly influence these forecasts.
- Domestic walnut production levels might increase, reducing the need for imports.
- Shifts in consumer preferences towards health and wellness products could alter walnut consumption patterns.