Walnuts: 30% slump in US exports
December 14, 2021 at 8:34 AM ,
Der AUDITOR
Only few countries have stepped up buying
A lack of overseas enquiries has impacted the US walnut industry. Many buyers preferred to wait for the new crop. Slow loading and the lack of containers, however, caused considerable delays in shipping. California Walnuts estimates that as little as 229.74 million lbs (104,209 mt) of inshell and shelled walnuts were shipped overseas in the first three months of the current season, 31% less than in the same period last year. Not only did overseas shipments slump by 37% to 164.56 million lbs (74,642 mt) but domestic shipments also declined by 10% to 65.18 million lbs (29,568 mt).
November marks the second month in a row that shipments fell short of last year. Although September shipments were 13% up on last year, October shipments ranged 36% below last year. At 98.72 million lbs (44,778 mt), November shipments ranged 37% lower than last year. Overseas shipments even fell 42% short of last year as only 77,37 million lbs (35,093 mt) were exported. Domestic shipments ranged 14% lower at 21.35 million lbs (9,684 mt). Trouble is that shipments to important destinations such as India (-94% to 0.88 million lbs or 400 mt) and Turkey (-50% to 19.74 million lbs or 8,954 mt) have declined sharply.
US walnut shipments in 1,000 pounds |
|||
Destination |
2020/21 |
2021/22 |
Diff. |
Europe |
81,958 |
77,613 |
-5% |
North America |
80,306 |
71,455 |
-11% |
Africa/Middle East |
121,061 |
51,260 |
-58% |
Asia/Pacific Rim |
48,575 |
26,667 |
-45% |
Central & South America |
44 |
24,2460 |
450% |
Others |
3,177 |
2,505 |
-21% |
Gesamt |
335,120 |
229,742 |
-31% |
California Walnuts, shelled and inshell walnuts, 01 Sep-30 Nov 2021 |
Chile profits in EU spot market
As shipments are delayed in the US demand has shifted in Europe. Although buyers are very much interested in the new crop in Eastern Europe, some delays are also being repoted here. Supplies of inshell walnuts from Chile are, however, available and demand is high. Exports from Chile are said to have risen by 13% on last year.
Walnuts |
|
Type |
EUR/kg |
Chandler, ELHP 80%, Chile, manually cracked |
8.95 |
Chandler, ELHP 80%, Chile, mechanically cracked |
7.75 |
Chandler, inshell, 30-32 mm, Chile |
2.80 |
Serr, inshell, 30+ mm, Chile |
2.70 |
Chandler, inshell, jumbo/large, USA |
2.65 |
Tulare, inshell, jumbo, USA |
2.80 |
FCA Spain |
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