USDA World Market Report on Tree Nuts

Note: This report does not include pistachios because the National Agricultural Statistics Service (NASS) did not publish the Noncitrus Fruits and Nuts 2016 Preliminary Summary. Without U.S. production data for 2016/17, the Foreign Agricultural Service (FAS) is unable to forecast the global supply and demand balance, of which the United States is a major component. FAS will update these data sometime after the June 27 publication of the Noncitrus Fruits and Nuts 2016 Summary.

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Almonds

Global almond production for 2016/17 is unchanged from the October 2016 forecast of 1.2 million metric tons (tons) shelled basis. Global exports are revised 10,000 tons higher to 727,000 and imports are raised 12,000 tons to 670,000. With consumption raised slightly from the previous forecast, ending stocks are lowered 20,000 tons to 234,000.

2016/17 Key Changes Exports

• The United States is revised up 10,000 tons to 635,000 on stronger demand from China.

Imports

  • China is raised 30,000 tons to 100,000 on stronger-than-anticipated demand primarily from thebaking and snack food industry.
  • EU is lowered 10,000 tons to 265,000.

Ending Stocks

  • The United States is lowered 15,000 tons to 191,000 on stronger exports to China.

Walnuts

Global walnut production for 2016/17 is nearly unchanged from the October 2016 record forecast of 2.1 million tons in-shell basis, with China and the United States accounting for nearly 80 percent of total output. World exports are revised 12,000 tons lower to 703,000 and imports are reduced 14,000 tons to 680,000. With consumption reduced slightly from the previous forecast, ending stocks are raised 24,000 tons to a record 136,000.

2016/17 Key Changes Production

  • Ukraine is raised 10,000 tons to 110,000 on higher bearing area and yield.

Exports

  • The United States is reduced 15,000 tons to 460,000 on lower-than-expected demand in topmarkets EU and China.
  • Ukraine is raised 10,000 tons to 75,000 on higher shipments to Turkey.

Imports

  • EU is lowered 10,000 tons to 220,000 but remains a record on strong demand in Germany, Italy,and Spain from snack foods and cooking ingredients on the retail side and pastries on the industrialside.
  • Turkey is raised 10,000 tons to 105,000 as domestic production remains below the long-termaverage.
  • China is reduced 10,000 tons to 90,000.

Ending Stocks

  • The United States is raised 24,000 tons to 72,000 on reduced shipments to China and the EU.

FAS Reports from Overseas Offices

The Tree Nut: World Markets and Trade circular is based on post reports submitted throughout the year for select countries and can be obtained on FAS Online at: http://gain.fas.usda.gov/Pages/Default.aspx.

PSD Online

The entire USDA PSD database is available online
at https://apps.fas.usda.gov/psdonline/app/index.html#/app/home

Additional Resources

Please refer to the USDA-FAS Tree Nuts website at: https://www.fas.usda.gov/commodities/tree-nuts for additional data and analysis.

Situation and outlook information on U.S. tree nuts can be obtained from the
USDA-Economic Research Service at: http://www.ers.usda.gov/topics/crops/fruit-tree-nuts.aspx

Future Releases and Contact Information

Please visit https://www.fas.usda.gov/data/tree-nuts-world-markets-and-trade to view current and archived reports.

To receive the circular via email, go to:

https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

For additional information, please contact Tony Halstead at 202-720-4620, or Tony.Halstead@fas.usda.gov

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