In 2023, the supply of shelled walnuts in India stood at 110.25 thousand metric tons. Forecasts indicate a steady increase in supply from 2024 to 2028, with values projected at 116.31, 123.04, 129.7, 136.29, and 142.81 thousand metric tons respectively. This consistent growth reflects an annual increase, year-on-year, with noticeable percentage variations. From 2024 to 2025, there is a growth of 5.8%, and from 2025 to 2026, a 5.4% increase, followed by a 5.1% rise from 2026 to 2027, and a 4.8% climb from 2027 to 2028. Over the entire five-year period, the compounded annual growth rate (CAGR) stands at approximately 5.5%.
Future trends to watch for include potential impacts from global market demand, domestic consumption patterns, advancements in agricultural practices, and potential government policies affecting walnut cultivation. Monitoring these factors will provide insights into the sustainability of this growth trajectory and potential opportunities or risks in the walnut supply chain in India.
