Ukraine: Tree Nuts Annual
Link to report:
Post forecasts Ukraine’s walnut production at 101,300 metric tons (MT) for marketing year (MY) 2024/25, a 4 percent decrease against MY2023/24. Household production continues to slide as old, non-productive trees are being chopped down. Post forecasts production areas for industrial growers to remain flat, as there is currently little appetite for long-term investments due to Russia's full-scale invasion. Post forecasts MY2024/25 exports will decrease by 9 percent as large ending stocks, which were predominantly amassed during MY2021/22, have been slowly depreciating for two consecutive MYs. At the same time, rebounding imports of tree nuts in line with economic recovery and adjustment to the “new normal” are putting downward pressure on volumes of domestically consumed walnuts.
