Chile’s Walnut Exports Decline

08-May-2025 12:33 PM

Chile’s Walnut Exports Decline
★ Chile concluded its 2024/25 walnut export season on a weak note. In March 2025, in-shell walnut exports fell by 57% to just 50 metric tonnes, compared to 116 metric tonnes in March 2024. Shelled walnut exports also saw a steep decline of 73%, dropping to 120 metric tonnes.
★ For the entire season, shelled walnut exports declined by 15%, while in-shell exports fell by 29%.
★ India, one of Chile’s key markets for in-shell walnuts, imported 33,968 metric tonnes in 2024/25 — a drop of 30.6% from 48,962 metric tonnes in 2023/24.
★ According to the ChileNut Association, production for 2025/26 is expected to rise by 20% to 168,000 metric tonnes, although nut sizes are reportedly smaller this year.
★ With low stock levels in the US and China and strong demand, the outlook for Chilean walnut exporters in the 2025/26 season appears favorable.
★ In India, demand remains firm due to festive seasons and rising health food trends. Given reduced exports from Chile and strong domestic interest, walnut prices in India are expected to remain stable or even rise.