In 2023, China's pine nut kernel exports stood at approximately 11.87 thousand metric tons. The forecasted export volume from 2024 to 2028 shows a steady increase, from 11.93 thousand metric tons in 2024 to 12.23 thousand metric tons in 2028. Year-on-year growth is moderate, demonstrating a small but consistent upward trend.
Year-on-year variations:
- 2024 vs 2023: +0.51%
- 2025 vs 2024: +0.67%
- 2026 vs 2025: +0.58%
- 2027 vs 2026: +0.66%
- 2028 vs 2027: +0.57%
The compounded annual growth rate (CAGR) from 2023 to 2028 is approximately +0.59%, reflecting a stable market with slight expansion.
Future trends to watch for include potential shifts in global demand, which could impact export volumes, as well as any changes in the domestic production capacity of pine nut kernels. Additionally, monitoring trade policies and tariffs will be important as they can influence China's market presence globally.
