Market research

Walnuts market in Australia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Australian walnut market volume increased from 11 415 t in 2018 to a peak of 13 665 t in 2022, supported by institutional agricultural backing and the adoption of sustainable production practices. Favorable trade agreements boosted exports, influencing domestic availability, while strict import regulations maintained quality standards.

Severe climate events, including droughts and floods, led to a sharp decline in market volume to 11 885 t in 2023, highlighting production vulnerability. Investments such as the 2022 biomass plant using macadamia shells indicated sectoral development, though walnut-specific output faced ongoing weather-related challenges.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Australia
  1. 5.1.1. Annual dynamics of production in Australia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Australia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, 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, 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
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 Australia

In kind, 2018-2021, t

From 2018 to 2021, Australia ranked 24th globally in walnut production.

Top producers of walnuts, 2018-2021

Source: SHEV.io

World map of production of walnuts, 2018-2021

Source: SHEV.io

In 2021, Australia produced 13 658 tonnes of walnuts, marking a significant 15.9% increase from the previous year. Over the 2018-2021 period, production grew by 26.2%, which translates to an annualized rate of 8.1%. The largest decline occurred in 2020, at 1.0%.

Annual dynamics of production in Australia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.8%	(1.0%)	15.9%	8.1%

Source: SHEV.io

In value, 2018-2021, K $ US

Following a two-year decline, Australia's walnut production volume rebounded. In 2021, the output was valued at 36 366 thousand US dollars, showing a robust 12.8% increase from the year before. From 2018 to 2021, production decreased by 21.3%, with a compound annual growth rate (CAGR) of -7.7%. The lowest value was recorded in 2020 at 32 244 thousand US dollars, while the largest decline happened in 2019, at 19.3%.

Annual dynamics of production in Australia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(19.3%)	(13.6%)	12.8%	(7.7%)

Source: SHEV.io

Exports walnuts from Australia

Exports in kind, t

Australia's walnut export volumes rose for the second year in a row. In 2021, exports reached 4 843 tonnes, reflecting a modest 3.3% improvement over 2020. Between 2018 and 2021, exports increased by 25.5%, equating to an annualized rate of 7.9%. The lowest volume was in 2019 at 3 516 tonnes, which also saw the largest decline of 8.9%. In contrast, the largest increase occurred in 2020, at 33.3%.

Annual dynamics of product's exports from Australia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.9%)	33.3%	3.3%	7.9%

Source: SHEV.io

From 2018 to 2021, the top destinations for Australia's walnut exports in volume were Italy (34.2% of exports), Turkey (16.7%), and Belgium (15.8%). Together, these three countries accounted for 66.7% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Walnut shipments from Australia abroad increased for the second consecutive year. In 2021, exports amounted to 12 896 thousand US dollars, showing little change from the previous year. Over the 2018-2021 period, exports decreased by 21.8%, with an annualized rate of -7.9%. The lowest value was in 2019 at 11 028 thousand US dollars, which also experienced the largest decline of 33.1%. The largest increase was recorded in 2020, at 16.3%.

Annual dynamics of product's exports from Australia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(33.1%)	16.3%	0.5%	(7.9%)

Source: SHEV.io

From 2018 to 2021, the main destinations for Australia's walnut exports in value terms were Italy (36.7% of exports), Belgium (15.8%), and Germany (14.7%). Collectively, these three countries made up 67.2% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia in value, 2018-2021

Source: SHEV.io

Imports walnuts to Australia

Imports in kind, t

After a two-year rise, walnut imports into Australia declined. In 2021, Australia imported 4 638 tonnes of walnuts, indicating a gradual 5.9% decrease from 2020. Over the 2018-2021 period, imports increased by 4.2%, with a CAGR of 1.4%. The highest volume was in 2020 at 4 929 tonnes, which also saw the largest increase of 7.8%.

Annual dynamics of product's imports to Australia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.7%	7.8%	(5.9%)	1.4%

Source: SHEV.io

Throughout 2018 to 2021, the United States dominated Australia's walnut import structure in volume, holding an 80.4% share of total flows, while other markets had relatively minor shares.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

In 2021, foreign walnut supplies to Australia stood at 26 709 thousand US dollars, representing a 20.3% drop from 2020. From 2018 to 2021, imports decreased by 21.1%, with a CAGR of -7.6%. The lowest value was in 2019 at 26 044 thousand US dollars, which also recorded the largest decline of 23.1%. The largest increase occurred in 2020, at 28.7%.

Annual dynamics of product's imports to Australia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(23.1%)	28.7%	(20.3%)	(7.6%)

Source: SHEV.io

From 2018 to 2021, the United States clearly dominated Australia's walnut imports in value terms, accounting for 79.1% of total flows, with other countries each holding much smaller shares.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia in value, 2018-2021

Source: SHEV.io