In 2023, the import of walnuts in shell to China was recorded at 3.7 million kilograms. The forecasted data from 2024 to 2028 indicates a declining trend, with year-on-year decreases in imported volumes. Specifically, from 2024 to 2025, imports are expected to decline by approximately 6.78%, followed by similar declines thereafter, resulting in a five-year CAGR of around -7.08%.
Key future trends to watch for include:
- Potential changes in Chinese domestic walnut production impacting import demand.
- Global economic conditions and their effect on trade preferences and tariffs.
- Evolving consumer preferences for walnuts and other nut alternatives in China.