China to import more nuts this year

FAS China forecasts commercial production of in-shell walnuts to remain unchanged in 2023/24 at 1.4 million tons. Cold winter temperatures in Xinjiang damaged the almond crop this year. FAS China forecasts almond production will drop sharply to 5,000 tons. Despite a slowed economy, solid demand and abundant global supplies of almonds and pistachios will encourage increased imports of these commodities. At the same time, retaliatory tariffs have reduced the market share of US almonds and pistachios in China.  There is demand for a limited volume of imported walnuts to supply a niche market.