China: Tree Nuts Annual
China is the world’s largest walnut producer. Post forecasts China’s MY 2016/17 in-shell walnut production at 1.06 million MT, an increase of six percent from the previous year, because of favorable weather conditions in major producing areas. Almond production (shelled basis) is forecast at 40,000 MT, up 25 percent from the revised number in MY 2015/16. Nut imports are expected to rebound given sharp declines in world market prices.