Market research

Walnuts market in Asia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The walnut market in Asia expanded from 1.9 million tons in 2018 to 2.8 million tons in 2023, driven primarily by increased domestic production. This growth was supported by the expansion of walnut cultivation areas in Yunnan province, which became a pillar industry for poverty alleviation, and by improved standardization and scaling in Xinjiang, enhancing yield and quality.

After reaching 2.3 million tons in 2020, the market volume dipped slightly in 2021. During this period, walnut exports from China had risen substantially, reaching 95 000 tons in 2019, while processing companies like Six Walnuts invested in product innovation, launching high-end walnut milk variants and accumulating over CNY 2 billion in R&D spending to sustain demand for raw nuts.

The industry further consolidated through the development of integrated walnut industrial parks in Yunnan and whole-chain initiatives in Ningguo, aiming for higher value-added products. By 2024, new competitors like Chengde Lulu, Wahaha, and Yili entered the walnut beverage segment, intensifying competition, while government measures such as price index insurance in Dali supported farmer incentives and risk management.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production walnuts in Asia

In kind, 2017-2020, K t

Top producers of walnuts, 2017-2020

Source: SHEV.io

World map of production of walnuts, 2017-2020

Source: SHEV.io

Asia's walnut production has grown for the second year in a row. In 2020, the region produced 2,179 thousand tonnes of walnuts, marking a 10.0% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 8.2%, which translates to an average annual growth rate of 2.7%. The lowest production level was recorded in 2018 at 1,802 thousand tonnes, with the largest decline occurring that same year at 10.5%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.5%)	9.9%	10.0%	2.7%

Source: SHEV.io

Exports walnuts from Asia

Exports in kind, K t

After two years of growth, Asia's walnut exports experienced a decline. In 2020, exports totaled 49.1 thousand tonnes, down by 40.0% compared to the previous year. Over the 2017-2020 period, exports decreased by 26.5%, averaging an annual decline of 9.8%. The highest export volume was recorded in 2019 at 81.9 thousand tonnes, while the largest increase occurred in 2018 at 11.4%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.4%	10.0%	(40.0%)	(9.8%)

Source: SHEV.io

From 2017 to 2020, Asia's walnut export destinations were quite diverse. Key partners included Russia, accounting for 4.4% of exports in volume, Morocco at 1.8%, and Algeria at 1.5%. Together, these three countries represented just 7.7% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Asia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The walnut export market in Asia showed volatility during the observed period. The minimum value was recorded in 2018 at $381.0 million, while the maximum was in 2019 at $687.6 million, representing a 1.8-fold difference. In 2020, export value amounted to $571.0 million, reflecting a 17.0% year-over-year decrease. The largest increase occurred in 2019 at 80.5%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.6%)	80.5%	(17.0%)	11.1%

Source: SHEV.io

Between 2017 and 2020, Asia's walnut export value was highly diversified across countries. Russia accounted for 2.7% of exports in value, Germany for 1.7%, and Algeria for 1.5%. Combined, these three partners represented only 5.9% of total flows, with the remaining 94.1% distributed among numerous smaller countries.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Asia in value, 2017-2020

Source: SHEV.io

Imports walnuts to Asia

Imports in kind, K t

In 2020, Asia imported 204.8 thousand tonnes of walnuts, a 22.7% decrease from 2019. Over the 2017-2020 period, imports increased by 6.3%, averaging 2.1% annual growth. The lowest import volume was in 2018 at 184.9 thousand tonnes, while the highest was in 2019 at 265.1 thousand tonnes. The largest increase occurred in 2019 at 43.4%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.0%)	43.4%	(22.7%)	2.1%

Source: SHEV.io

From 2017 to 2020, the United States, Chile, and Ukraine were the leading sources of walnut imports to Asia in volume terms. The United States accounted for 45.7% of imports, Chile for 14.4%, and Ukraine for 8.9%. Together, these three countries made up 69.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Asia in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

In 2020, Asia imported $807.6 million worth of walnuts, an 8.4% decrease year-over-year. Between 2017 and 2020, imports declined by 11.4%, averaging an annual decrease of 4.0%. The largest increase was recorded in 2019 at 0.0%.

Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.3%)	0.0%	(8.4%)	(4.0%)

Source: SHEV.io

Throughout 2017-2020, the United States, Chile, and Ukraine formed the key group of partners for walnut imports to Asia in value terms. The United States accounted for 62.0% of import value, Chile for 13.3%, and Ukraine for 5.0%. Together, they represented 80.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Asia in value, 2017-2020

Source: SHEV.io