In 2023, China's import of walnuts in shell stood at $11.5 million. The forecasted data from 2024 to 2028 indicate a declining trend. From 2024 ($10.839 million) to 2025, there is a decrease of 5.79%, continuing to slump with declines of 6.04% in 2026, 6.30% in 2027, and 6.59% in 2028. The compound annual growth rate (CAGR) over this period is estimated to be -5.18%, reflecting a consistent downtrend in imports.
Future trends to watch:
- Shifts in consumer preference and local production capabilities could further affect import levels.
- Trade policies and global market conditions could influence the cost and availability of walnut imports.
