China Nuts insights

Key Insight: According to the German media outlet Mundus Agri, despite the United States facing a bumper crop year for pistachios, data released by the International Nut and Dried Fruit Council (INC) at its early May conference indicates that global pistachio production in the 2025/26 season is still expected to be lower than the previous season. This season's US pistachio exports have been weak, with exports to China plummeting by 46%, but the agreement reached between China and the US in Geneva has added an unexpected variable to the market.

Core Tip: According to German media Mundus Agri, the Statistical Yearbook of the International Nut and Dried Fruit Council (INC) shows that global almond production in the 2024/25 season surged 23% from the 2022/23 season to 1.8 million tons (3.9 billion pounds). The US government's tariff policy is reshaping the international trade pattern of almonds.

According to German media Mundus Agri, the International Nut and Dried Fruit Council (INC) recently released a forecast showing that global pine nut production in the 2024/25 season will surge to 174,005 tons, up 122.6% from the previous season, with production in Asian producers increasing by 142.5% and China by 232.8%. The latest EU import data shows that the EU market continues to have strong demand for pine nuts, while China's exports to them will surge by 38.6% in the 2024/25 season. EU imports hit record high In the first quarter of 2025, the EU's pine nut imports set a new record, breaking the 3,000-ton mark for the first time, a year-on-year increase of 31%. In terms of import value, although slightly lower than the peak of 56.061 million euros (61.765 million U.S. dollars) set in 2022, it still jumped from the low of 38.409 million euros (42.317 million U.S. dollars) in the same period last year to 52.432 million euros (57.767 million U.S. dollars), a year-on-year surge ...