US Pecans, Market update 07.03.2023
Mundus Agri. Demand for pecans has bounced back in China. As the USA shipped more than 6 million pounds to here in January the tide has started to turn for US exports.
Not quite there yet
China, in fact, accounted for more than 60% of the entire 9.175 million pounds exported in January as the recent position report issued by the American Pecan Council shows. Although monthly exports also ranged 49% higher in January 2023 than the 6.143 million pounds shipped overseas in January 2022, total exports for the season, however, continue to lag 6% behind last year at 33.828 million pounds. While exports to Canada are also 6% down, shipments to Israel were relatively firm. Exports to Germany, the Netherlands and Saudi Arabia have, however, declined sharply.