Asia’s nut market booms in 2024 with record trade and consumption
The Asian market for nuts, prepared or preserved, witnessed significant growth in 2024. Imports, exports, production, and consumption all surged, driving the finance of the market to a value of $X, an increase of X% from the previous year.
In terms of volume, imports of nuts in Asia rose to X tons in 2024, marking a remarkable increase. The import price remained relatively stable, averaging $X per ton. Meanwhile, exports expanded to X tons, with a notable increase of X% compared to the previous year. In value terms, exports reached $X, demonstrating a prominent increase.
The production of nuts in Asia also rose to $X in 2024, with a noticeable increase. The market was dominated by three major exporters: Turkey, China, and Vietnam, who together accounted for more than two-thirds of total exports. Consumption of nuts in Asia reached a peak level of $X in 2024, reflecting the growing demand for these products.
The Asian market for nuts, prepared or preserved, experienced a resilient increase in 2024. With imports, exports, production, and consumption all rising, the market's value reached $X, growing by X% from the previous year. China remained the largest market for imported nuts, with a share of X% of total imports. As the stock market today continues to expand, it will be interesting to see how these trends develop in the coming years.
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