China: Tree Nuts Annual

China’s inshell walnut production is forecast to increase by 27 percent in marketing year (MY) 2022/23, largely because of a production rebound in western China. Despite uncertainties over an economic slowdown and ongoing COVID restrictions, China’s almond imports are expected to pick up in MY 2022/23, given increased supplies and competitive prices. Almond imports are expected to be dominated by the United States and Australia. Walnut imports from the United States are expected to further decline on competition from Chile and domestic production. Pistachio imports will be lower due to reduced supplies in Iran.