Walnut Market Update, May 2022
April 2022 shipments for the California Walnut Industry totaled 67,763 inshell short tons (135,526,000 lbs), a 10.1% increase compared with April 2021. U.S. domestic shipments were 17,497 tons (34,994,000 lbs), down 20.9%. Export shipments were 50,266 tons (100,532,000 lbs), up 27.5%.
Year-to-date (YTD) shipments total 517,243 tons (1,034,486,000 lbs), down 13.1% from last year. YTD U.S. domestic shipments are 154,572 tons (309,144,000 lbs), down 7.6% to last year. YTD export shipments stand at 362,671 tons (725,342,000 lbs), down 15.2%.
Regional results for the month on the export side show Inshell shipments strongly rebounding YOY for April to the Middle East (up 582.3%), with Inshell shipments to Turkey (up 922.2% !) and Algeria (up 4,597.8% !) leading the way. Kernel shipments to Europe were up nicely at 21.5%, with Germany (up 24.8%), the Netherlands (up 23.8%) and Italy (up 427.8% !) all showing a strong month.
For Year-to-date, Inshell shipments to the key Inshell markets of Turkey (down 31%), India (down 80.3%), UAE (down 45.1%), Italy (down 16.5%) and Spain (down 16.2%) are still significantly down. Positive YTD kernel shipments to Europe (up 12.3%), especially Germany (up 18.6%), are helping the Industry to mitigate the decline in YTD Inshell shipments.