Global Walnut Market: Rising Dependence on the Middle East, Weak Demand from India
27-Mar-2026 12:02 PM
Global Walnut Market: Rising Dependence on the Middle East, Weak Demand from India
★ US walnut exports have seen a record surge this season, primarily driven by strong demand from the Middle East and Africa. Shipments in February alone increased by around 77%.
★ However, the ongoing conflict in West Asia is disrupting supply chains. Key trading hubs like Dubai are being impacted, leading to shipment delays, rerouting, and higher logistics costs.
★ India’s demand remains weak. Imports from the US have declined by about 12%, while shipments from Chile to India have also fallen by around 17%.
★ Although Chile’s overall exports have increased, its focus is also shifting towards the Middle East. Supplies to countries like Turkey and the UAE have risen sharply, while India and other Asian markets have seen reduced share.
★ Meanwhile, demand in Middle Eastern countries—such as the UAE, Turkey, Iraq, and Egypt—has grown significantly, increasing the importance of the region in global trade.
★ If instability in the Middle East persists, it could directly impact global supply and prices, which may also affect the Indian market.
★ Overall, global trade is increasingly tilting towards the Middle East, while demand in India remains subdued and the market continues to face pressure.