Foreign media news: After India lifted retaliatory tariffs on major dried fruits, California walnuts shipped from the United States to India increased significantly, and imports from September to November more than doubled compared to the same period last year. Two days before Biden's visit to New Delhi for the G20 summit on September 9-10, India lifted additional tariffs imposed on about six U.S. goods in 2019 in response to the U.S. increase in tariffs on certain steel and aluminum products from India. During Prime Minister Narendra Modi's first state visit to the United States in June, both India and the United States agreed to end six World Organization (WTO) disputes and lift retaliatory tariffs on some American products, including walnuts.
Pamela Gravet, senior director of global programs at the California Walnut Council (CWC), told Business Standard, "If you look at our shipments, this time last year, about 3.3 million pounds (1,496 metric tons) were shipped to India, and we're shipping 7.8 million pounds (3,538 metric tons) now, which is more than doubled." We won't know until May or June next year what the ** volume will be. ”
California walnuts are harvested from September to November and are shipped year-round. California walnuts account for 99% of total U.S. production and nearly 50% of the world's largest production. Germany is the largest export market, followed by West Asia and Turkey. Exports to India started in 2013 and peaked at 14,385 metric tons in 2016-17. According to CWC, imports fell to just 3,552 metric tons in 2021-22, mainly due to high tariffs, crop challenges and the pandemic disrupting the global ** chain. With California walnut's market share in India up from 69 in FY 2017-189% down to 14 in FY238%, other countries benefit from India's imposition of additional tariffs on products from the United States.
According to the Department of Commerce, Chile is currently India's largest exporter of walnuts, up from 29 in fiscal year 20187% grew to 75 in FY233%。To regain market share in India, California's walnut industry has taken a series of steps, including hiring food connoisseurs, nutritionists, researchers, and social influencers to raise awareness about the nutritional and medicinal benefits of walnuts, which have been cultivated for more than a thousand years.
Robert Verloop, executive director and CEO of the California Walnut Commission and the California Walnut Council, said, "Since it began exporting to India in 2013, the organization has invested about $1 million annually to help educate consumers and members." We have seen a lot of success by combining some international flavors, recipes, and ideas with Indian recipes and ideas. It helps people to start eating more walnuts. The growth curve has been slow, but it will start to accelerate. Part of the reason is that people's purchasing power is now greatly enhanced. ”
"The demand for walnuts in India has been growing as more and more people learn about the health benefits of walnuts and incorporate them into different recipes," said Robert Verlop. Walnuts are rich in omega-3 fatty acids, and the demand for walnuts rises during festive seasons such as Diwali and Christmas. When you look at consumption, it has increased from about 20,000 tons of local production 10 years ago to now. Today, that's about 72,000 metric tons. Over the past 10 years, sales of walnuts have grown steadily as people have become more interested in adding walnuts to food. ”
Exports to India started in 2013 and were the highest in 2016-17 at 14,385 tonnes. Exports fell to 3,552 metric tons in 2021-22 (California Walnut Commission data), and the market share of California walnuts in India in 2017-18 was 699%；In FY23, that percentage dropped to 148%。
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