China: Tree Nuts Annual

FAS China forecasts commercial production of in-shell walnuts to rebound 11 percent to 1.5 MMT in MY 2024/25 supported by favorable growing conditions in major production areas. Improved world supplies and changing dietary concepts will likely drive nut imports to continue rising. Almond imports are expected to rebound in anticipation of large supplies while pistachio imports are likely to fall from MY 2023/24 when record crops in California, and tight supplies in other major producing countries, created an opportunity to allow for Chinese buyers to source from the United States at very high levels.