BARCELONA, Spain, December 14, 2016 /PRNewswire/ --
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World tree nut production forecast for 2016/17 is expected to reach 4.02 million MT, representing a 5.77% crop growth. These data refer to figures on a kernel basis, except for pistachios, which are in-shell basis. Pistachios appear to be the crop which will experience the biggest increment this season, by 34%, up to 703,700 MT.
World peanut production has been forecast at 41.26 million MT, up 1.83% from the 2015/16 season (in-shell basis). World production excluding crushing for oil is expected to account for approximately 24 million MT.
The estimated world production of dried fruit in 2015/16 reached more than 2.7 million MT. A 4.41% production growth has been forecasted for the 2016/17 season, up to 2.9 MT. In relative terms, dried apricots and sweetened dried cranberries are expected to register the greatest growth (12% each).
The top three producers of tree nuts and dried fruits are the US, Turkey and China. As California, the world's leading almond producer, faced fourth consecutive years of historic drought, superior economics of almonds attracted new plantings. Regarding China, currently leading walnut production along with the US, crop forecasts are very promising for the coming years, given the introduction of premium high yielding varieties. With reference to Turkey, in 2016/17 the hazelnut total supply is forecast at 317,500 MT, accounting for 70% of world supply.
World Nut and Dried Fruit Production 2016/17 Forecast (MT) Almonds 1,170,013 Walnuts 847,559 Pistachios 703,700 Cashews 694,600 Hazelnuts 387,590 Pecans 121,397 Macadamias 44,511 Brazil Nuts 26,800 Pine Nuts 22,550 Tree Nuts[1] 4,018,720 Peanuts[2] 24,000,000 Raisins, Sultanas & Currants 1,342,000 Table Dates 882,000 Prunes 184,200 Dried Cranberries[3] 184,000 Dried Apricots 169,450 Dried Figs 139,500 Dried Fruits 2,901,150 [1]Kernel basis, except pistachios which are in-shell basis. [2]In-shell basis. Peanuts crushed for oil production not included. [3]Sweetened dried cranberries. Data available from 2013 onwards. Source: INC International Nut and Dried Fruit Council.
About the International Nut & Dried Fruit Council
INC members include more than 700 nut and dried fruit sector companies from over 70 countries. INC is the leading international organization regarding nuts and dried fruit health, nutrition, statistics, food safety, international standards, and regulations.
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SOURCE International Nut & Dried Fruit Council (INC)
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