In 2023, China led global tung nuts production with 221.53 thousand metric tons, followed by Paraguay at 52.33 thousand metric tons. China experienced a year-on-year decline of 2.25%, reflecting a similar trend over the past five years. Paraguay's production decreased slightly by 0.16%, while Malawi's production increased by 3.31%, indicating growth potential. Argentina saw a significant decline of 6.39%, suggesting potential challenges in maintaining production levels. Madagascar experienced a modest increase of 0.32%, and Brazil faced the steepest decline at 10.92%.
Future trends to watch include China's strategic responses to production declines and Paraguay's efforts to stabilize their output. Monitoring Malawi's growth trajectory could provide insights into emerging markets. Additionally, changes in global demand and environmental factors affecting tung nut cultivation might shape production dynamics across these countries.
Top countries in Tung Nuts Production by Country
| # | 6 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 221,530 | 2023 | -4.98% | -2.25% | View data |
| 2 | 2 Paraguay | 52,330 | 2023 | +0.26% | -0.16% | View data |
| 3 | 3 Malawi | 6,550 | 2023 | +2.88% | +3.31% | View data |
| 4 | 4 Argentina | 4,740 | 2023 | -5.35% | -6.39% | View data |
| 5 | 5 Madagascar | 2,750 | 2023 | +0.33% | +0.32% | View data |
| 6 | 6 Brazil | 175 | 2023 | -11.17% | -10.92% | View data |
