In 2023, Australia exported 3.53 thousand metric tons of shelled walnuts. The export forecasted for 2024 is 3.69 thousand metric tons, marking a year-on-year increase of 4.5%. Expected trends show continued growth with 3.86 thousand metric tons in 2025 (up 4.6% from 2024), 4.03 thousand metric tons in 2026 (an increase of 4.4% from 2025), 4.19 thousand metric tons in 2027 (up 4.0% from 2026), and 4.35 thousand metric tons in 2028 (another 3.8% rise from 2027). The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be around 4.27%.
Future trends to watch for include potential impacts from climate change on walnut cultivation, shifts in global demand, as well as advancements in agricultural technology that could affect production efficiency and yield. Additionally, international trade policies and tariffs may influence export volumes.
