In 2024, China dominated the global tung nuts production with a major share of 85.07% of the total gross production, up by 1.72% from the previous year. Paraguay held a distant second place at 11.38%, experiencing a decline of 0.79% year-on-year. Argentina and Malawi showed slight increases to 1.55% and 1.05%, respectively, while Madagascar witnessed a minor decrease to 0.58%. Brazil saw the most significant drop with a 5.09% decrease, maintaining a minimal share of 0.054%.
In examining future trends, watch for potential shifts due to China’s stronghold in production, possible market recovery by Paraguay, technological advancements impacting other countries, and environmental factors influencing crop yields.
Top countries in Tung Nuts Gross Production Share by Country (Thousand US Dollars PPP = 2004–2006)
| # | 6 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 85.07 | 2023 | -0.31% | +1.72% | View data |
| 2 | 2 Paraguay | 11.38 | 2023 | -0.71% | -0.79% | View data |
| 3 | 3 Argentina | 1.55 | 2023 | +4.99% | +0.92% | View data |
| 4 | 4 Malawi | 1.05 | 2023 | +1.15% | +0.46% | View data |
| 5 | 5 Madagascar | 0.58 | 2023 | -0.58% | -0.37% | View data |
| 6 | 6 Brazil | 0.054 | 2023 | -3.75% | -5.09% | View data |
