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Turkiye’s pistachio production in marketing year (MY) 2024/25 is forecast to reach a new record due to multiple factors. Higher production volumes and larger-than-normal carryover stocks are expected to prompt sizeable export volumes of Turkish pistachios for the first time.
In 2023, the European Union (EU)-27 imported $6.5 billion in tree nuts from the world. The EU remains a net importer of tree nuts for all products as demand highly exceeds domestic production. The United States is the largest EU-27 tree nuts supplier, providing $2.4 billion worth of nuts, or 37 percent of total imports.
Post projects increased production in both walnuts and almonds in marketing year (MY) 2024/25 due to high yields caused by plentiful rainfall and favorable temperatures. Post estimates walnut production will reach 195,000 metric tons (MT) in MY 2024/25, a 11.4 percent increase year over year.
For marketing year (MY) 2024/2025 (August-July), post forecasts India’s almond production marginally lower at 4,150 metric tons (MT) (shelled basis), compared to last MY estimates.
Post forecasts Ukraine’s walnut production at 101,300 metric tons (MT) for marketing year (MY) 2024/25, a 4 percent decrease against MY2023/24. Household production continues to slide as old, non-productive trees are being chopped down.
Ukraine introduced procedures for the approval of minimum export prices for selected bulk commodities, including grains, oilseeds, vegetable oils and meals, walnuts, and honey.
Infographic highlighting the total exports, top destinations, and top commodities for U.S. agricultural exports in 2016.
Malaysia’s retail sector is forecast to grow at three percent due to cautious consumer spending, increased subsidy rationalization and introduction of a new goods and services tax.
The overall food processing sector is growing at about five percent per year, with dairy, bakery, and processed fish products among the leading sectors.
Socio-economic and demographic changes continue to alter food trends in France. French consumers desire innovative and more convenient foods offering a quality image, better taste, and increased...
Brunei Darussalam is a small, energy-rich Muslim country with less than 430,000 inhabitants. Agriculture accounts for less than one percent of Brunei’s gross domestic product (GDP) ($3.0 billion)...
Slovakia was one of the fastest-growing economies among the EU Member States in 2015, recording a three percent increase in GDP.