Global Statistical Review

05/19/2021

 

Walnuts

 核桃 / Nuez / Noix / Noce / Walnuss / Ceviz

 

China. Due to the frost damage during the blossom period in some of the northern growing regions, 2020/2021 crop is forecast 5% lower from last year, at 950,000 metric tons (in-shell basis). The market proved to be active during the early part of the season, overseas shipments for the current crop have been strong for both in-shell and shelled, resulting in an increase of 266% and 279% respectively, from September 2019 to March 2020. However, it declined over the peak selling season of the Spring Festival, which was unfortunately missed, due to the long quarantine related to the outbreak of the COVID–19 virus. This has also resulted in a larger than normal inventory with sluggish demand.

USA. Although it is too early to describe the California crop and the official estimate is expected on August 28, 2020, according to industry sources, a record crop is anticipated. As per the California Walnut Board and Commission, shipments in the US have been strong, as well as in Germany, Spain, and Japan, however, impacts from COVID-19 have caused market disruptions that appear to be leveling off as countries emerge from lockdown and shelter in place restrictions. Consumer consumption remained strong in Turkey for Ramadan and throughout most markets as walnuts are known for their contribution to a healthy diet. Through the COVID-19 pandemic and beyond, the California walnut industry continues its commitment to producing high-quality, nutritious and safe walnuts for consumers at home and abroad.

Chile. The 2019/20 crop is estimated at 130,000 MT, 7% below last year. Although drought continue to be concern, a record crop of around 140,000-150,000 MT is expected for 2020/21.

 

Estimated World Walnut Production. In-shell Basis · Metric Tons

 

 

2019/2020

 

 

2020/2021

 

       Country           Beginning

Stock

Crop

Total Supply

Ending Stock

Beginning Stock

Crop

Total Supply

Ending Stock

CHINA

30,000

1,000,000

1,030,000

60,000

60,000

950,000

1,010,000

60,000

USA

56,237

590,332

646,569

80,000

80,000

648,637

728,637

60,000

CHILE

2,000

130,000

132,000

1,800

1,800

150,000

151,800

151,800

UKRAINE

10,500

117,300

127,800

3,500

3,500

105,500

109,000

n/a

FRANCE

2,000

37,000

39,000

2,000

2,000

37,000

39,000

n/a

ROMANIA

0

34,600

34,600

0

0

36,300

36,300

n/a

TURKEY

0

35,000

35,000

0

0

31,000

31,000

0

INDIA

3,000

34,000

37,000

3,000

3,000

35,000

38,000

3,000

IRAN

0

25,000

25,000

0

0

30,000

30,000

0

ITALY

0

16,500

16,500

0

0

19,800

19,800

0

ARGENTINA

0

20,000

20,000

0

0

21,000

21,000

n/a

MOLDOVA

700

23,300

24,000

640

640

18,600

19,240

n/a

AUSTRALIA

200

12,000

12,200

0

0

13,000

13,000

200

HUNGARY

0

11,200

11,200

0

0

11,700

11,700

n/a

GEORGIA

0

7,100

7,100

0

0

7,000

7,000

n/a

OTHERS

0

12,000

12,000

0

0

15,000

15,000

n/a

WORLD TOTAL                  104,637             2,105,332            2,209,969

150,940

150,940

2,129,537

2,280,477

123,200

WORLD CONSUMPTION (T, Supply - End, Stock)

2,059,029

 

 

2,157,277

 

Estimated World Walnut Production, Kernel Basis · Metric Tons

 

 

2019/2020

 

 

2020/2021

 

       Country           Beginning

Stock

Crop

Total Supply

Ending Stock

Beginning Stock

Crop

Total Supply

Ending Stock

CHINA

13,200

440,000

453,200

26,400

26,400

418,000

444,400

26,400

USA*

24,744

259,746

284,490

35,200

35,200

285,400

320,600

26,400

CHILE

980

65,000

65,980

900

900

75,000

75,900

n/a

UKRAINE

4,200

46,930

51,130

1,400

1,400

42,200

43,600

n/a

FRANCE

880

16,280

17,160

880

880

16,280

17,160

n/a

ROMANIA

0

13,500

13,500

0

0

14,500

14,500

n/a

TURKEY

0

15,400

15,400

0

0

13,600

13,600

0

INDIA

1,110

12,629

13,739

1,114

1,114

13,000

14,114

1,200

IRAN

0

10,000

10,000

0

0

12,000

12,000

0

ITALY

0

7,260

7,260

0

0

8,700

8,700

0

ARGENTINA

0

9,000

9,000

0

0

8,600

8,600

n/a

MOLDOVA

270

9,100

9,370

250

250

7,800

8,050

n/a

AUSTRALIA

88

5,300

5,388

0

0

5,700

5,700

88

HUNGARY

0

4,800

4,800

0

0

4,700

4,700

n/a

GEORGIA

0

2,700

2,700

0

0

2,800

2,800

n/a

OTHERS

0

4,800

4,800

0

0

6,000

6,000

n/a

WORLD TOTAL                    45,472                922,445               967,917

66,144

66,144

934,280

1,000,424

54,088

WORLD CONSUMPTION (T, Supply - End, Stock)

901,773

 

 

946,336

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