Walnuts are among the most favored nuts worldwide, recognized for their nutritional value and popularity in daily diets.
A typical walnut kernel consists of approximately 4% water, 15% protein, 65% fat, and 14% carbohydrates. Unlike many other nuts that are high in monounsaturated fats, walnut oil is predominantly made up of polyunsaturated fatty acids, which account for 72% of its total fat content.
In the 2023 crop year, global in-shell walnut production reached around 3.9 million tonnes, with China contributing 36% of this total. Other leading producers include the United States, Chile, and others.
The most renowned variety of Chinese walnuts is the “185” type, also known as the "paper shell walnut." Other varieties like Xin2 and Xinfeng have also seen increased demand in the market.
Our team began onsite inspections on July 31st, 2024, to assess walnut farms and market conditions. The following provides an overview of the current status of the walnut crop, with a focus on the “185” variety.