Today marked a significant day in the nut industry with the 2024 China International Tree Nut Conference drawing global leaders and experts to discuss market trends and share the future insights. This event is a significant platform for Nutoast to connect with industry leaders and business partners globally. We are honored to engage with prominent figures from Wonderful Pistachio, California Almonds, Pomona Farming and etc. This conference will serve as a great opportunity to explore new trends, innovations, and potential collaborations that will shape the future of the nut industry. Join us as we discuss and share our insights, strengthening our position in the global market.
As the Presidential Institution of the Hangzhou Lin’an Nuts and Roasted Seeds Industry Association, Nutoast is proud to present our innovative solutions for nut-based product applications in both bakery settings and daily consumption.
The conference revealed that major nut categories such as pistachios, hazelnuts, and walnuts enjoyed a bumper year with plentiful supplies on the international market. Despite a minor reduction in pecan and cashew production, the overall supply remained stable.
Statistical highlights from the event pointed to a robust trade environment in 2023, with China’s nut imports increasing by 4.7% to reach 50.96 thousand tons, although the import value dipped by 3% to $2.6 billion USD. Exports saw a significant upswing, with a 28.6% increase in volume at 54.5 thousand tons and a 7.3% rise in revenue, achieving $1.89 billion USD.
The first half of 2024 continued to show strong performance, with a 40.2% surge in imports amounting to 23.3 tons and a corresponding 38.1% rise in import value to $1.21 billion USD. Export volumes also grew by 6.6% to 27.2 thousand tons, with revenues increasing by 16.5% to reach $1 billion USD. This data underscores a recovery in both volume and price, signaling a vibrant year ahead for China’s nut trade. The conference set a positive tone for future market developments and strategic partnerships within the global nut industry.
Delve into the rich tapestry of the Chinese nut industry—discover its historical roots, vibrant culture, and the traditional practices shaping today’s nut trade.
At Nutoast, we are your one-stop nut application service provider, including nut kernels, chopped nuts, and nut butter. With 18 years of industry experience and partnerships, we are your one-stop nut application service provider for all-nuts category products.
At Nutoast, we are your one-stop nut application service provider, including nut kernels, chopped nuts, and nut butter. We are not just a 10,000m² factory, we also have a global 30+ R&D team dedicated to nut product applications; Sourcing from global origins, we precisely control the quality of raw ingredients from harvest to our class 100,000 clean room manufacturing. With 18 years of industry experience and partnerships, we are your one-stop nut application service provider for all-nuts category products.