Market research

Walnuts market in Australia and New Zealand

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Australia and New Zealand" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Earlier Report Observations

The walnut market in Australia and New Zealand experienced fluctuating physical volumes between 2018 and 2023, starting at 13,214 t and reaching a peak of 15,227 t in 2022 before declining to 13,383 t in 2023. In contrast, the market value demonstrated a pronounced downward trend over the same period, falling from $74.6 million to $44.9 million.

This divergence between volume and value indicates significant pressure on prices or shifts in the market's composition. The most substantial physical growth occurred in 2019 and 2021, while the sharpest value contractions were recorded in 2019 and 2023.

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 and New Zealand
  1. 5.1.1. Annual dynamics of production in Australia and New Zealand in kind, 2018-2023, t
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 and New Zealand

In kind, 2018-2021, t

Top producers of walnuts, 2018-2021

Source: SHEV.io

World map of production of walnuts, 2018-2021

Source: SHEV.io

In 2021, Australia and New Zealand produced 14 358 tonnes of walnuts, marking a 15.0% increase from the previous year. Over the period from 2018 to 2021, production grew by 23.1%, which translates to an annualized growth rate of 7.2%. The most significant drop occurred in 2020, with a decline of 0.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	7.9%	(0.9%)	15.0%	7.2%

Source: SHEV.io

In value, 2018-2021, K $ US

Following a two-year downturn, walnut production in Australia and New Zealand rebounded. In 2021, the output was valued at 38 226 thousand US dollars, up 11.5% compared to 2020. However, from 2018 to 2021, production value decreased by 23.3%, with a compound annual growth rate (CAGR) of -8.5%. The lowest value was recorded in 2020 at 34 299 thousand US dollars, while the largest decline of 20.4% took place in 2019.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(20.4%)	(13.5%)	11.5%	(8.5%)

Source: SHEV.io

Exports walnuts from Australia and New Zealand

Exports in kind, t

Walnut exports from Australia and New Zealand rose for the second year in a row. In 2021, shipments reached 4 851 tonnes, a 3.6% increase over 2020. Between 2018 and 2021, exports grew by 25.4%, equivalent to an annualized rate of 7.8%. The lowest volume was in 2019 at 3 526 tonnes, which also saw the largest decline of 8.9%. In contrast, the biggest increase of 32.8% occurred in 2020.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.9%)	32.8%	3.6%	7.8%

Source: SHEV.io

From 2018 to 2021, Italy, Turkey, and Belgium were the top destinations for walnut exports in volume terms. Italy accounted for 34.2% of exports, Turkey for 16.7%, and Belgium for 15.8%, together making up 66.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Walnut exports from Australia and New Zealand increased for the second consecutive year. In 2021, export value reached 12 916 thousand US dollars, remaining nearly unchanged year-over-year. Over the 2018-2021 period, exports decreased by 21.9%, with a CAGR of -7.9%. The lowest value was in 2019 at 11 105 thousand US dollars, which also experienced the largest decline of 32.8%. The most significant increase of 15.9% was recorded in 2020.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(32.8%)	15.9%	0.3%	(7.9%)

Source: SHEV.io

Between 2018 and 2021, Italy, Belgium, and Germany were the primary markets for walnut exports in value terms. Italy held a 36.5% share, Belgium 15.8%, and Germany 14.7%, collectively accounting for 67.0% 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 and New Zealand in value, 2018-2021

Source: SHEV.io

Imports walnuts to Australia and New Zealand

Imports in kind, t

After two years of growth, walnut imports into Australia and New Zealand declined. In 2021, imports totaled 5 547 tonnes, down 5.4% from 2020. From 2018 to 2021, imports increased by 2.4%, with an annualized rate of 0.8%. The highest volume was in 2020 at 5 863 tonnes, which also saw the largest increase of 5.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.7%	5.4%	(5.4%)	0.8%

Source: SHEV.io

During 2018-2021, the United States dominated walnut imports into Australia and New Zealand in volume terms, accounting for 80.4% of total imports, while the remaining flows were distributed among various smaller partners.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2021, walnut imports into Australia and New Zealand amounted to 32 459 thousand US dollars, a decrease of 19.4% from the previous year. Between 2018 and 2021, imports fell by 21.3%, equivalent to an annualized decline of 7.7%. The lowest value was in 2019 at 32 030 thousand US dollars, which also recorded the largest drop of 22.4%. The most notable increase of 25.8% occurred in 2020.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(22.4%)	25.8%	(19.4%)	(7.7%)

Source: SHEV.io

From 2018 to 2021, the United States was the leading source of walnut imports in value terms, with a share of 79.1% of total flows, while other markets combined accounted for the remainder.

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

Source: SHEV.io

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

Source: SHEV.io