Import of shelled walnuts to Spain has shown varied trends over the past decade. Standing at $146.58 million in 2023, it peaked from a low of $95.529 million in 2013, growing at different rates yearly. Notably, growth has generally been positive with some fluctuations such as a significant rise of 27.61% in 2017 and a drop of 17.19% in 2016. The average annual growth rate (CAGR) over the last 5 years has been 3.22%, indicating steady growth. Forecasts suggest imports will continue to rise, reaching $167.92 million by 2028 with a CAGR of 2.14% from 2024 onwards.
Future trends to watch for include potential impacts of trade policies, rising demand for healthy snacks, climate change effects on walnut production, and shifts in consumer preferences. Monitoring these elements will be crucial for stakeholders.
