China Pine Nut Kernel Export Analysis Report: 2023
Writer: Ray@pinenut.net , Meihekou City Jinfeng Food Co., Ltd.
1. Annual Overview of 2023
China’s stagnated at 11,660 MT (-0.9% YoY) in 2023, reflecting market saturation and cost pressures. Notable trends included:
- EU demand stagnation: Germany’s imports dipped to 3,445 MT (-1.5% YoY), while Spain grew to 577.5 MT (+7.6% YoY).
- North American decline: Canada’s purchases collapsed to 151.2 MT (-49.6% YoY) amid recession fears.
- Vietnam’s rebound: Orders recovered to 55.1 MT (+57.5% YoY) as logistics normalized.
2. Country-Specific Analysis of Pine Nut Kernel Exports
(A) Volume and Market Share Trends
| Country | 2023 Volume (MT) | YoY Change | Share (2023) | Key Trend (2016–2023) |
|---|---|---|---|---|
| Germany | 3,445.1 | -1.5% | 29.5% | Slow erosion from 30%+ shares (2016–2021). |
| United States | 3,009.9 | +16.1% | 25.8% | Partial recovery via tariff exclusions. |
| Libya | 105.1 | +81.2% | 0.9% | Emerged as MENA’s second-largest buyer of . |
| Türkiye | 0.0 | -100% | 0.0% | Lost 2022’s temporary gains due to lira. |
(B) Regional Highlights
- European Union:
- The Netherlands fell to 635.5 MT (-39% YoY), while Italy stabilized at 730 MT (-9.5% YoY).
- France grew to 507 MT (+23.8% YoY) as retailers promoted in private-label products.
- North America:
- U.S. growth (+16.1% YoY) contrasted with Canada’s collapse, reflecting divergent consumer confidence.
- Asia-Pacific:
- Vietnam sustained momentum (55.1 MT, +57.5% YoY), while Japan stagnated at 114.3 MT.
3. Long-Term Trends in Pine Nut Kernel Exports (2016–2023)
(A) Regional Rebalancing
- EU dominance: Share fell to 58.2% (2023) from 62.5% (2016), while Asia-Pacific grew to 13.4% (from 7.3%).
- MENA resilience: Libya and Israel imported 160 MT (2023), up from 93 MT (2016).
(B) Price Stabilization
- plateaued (+3% YoY in 2023) after 2021–2022 spikes, aiding mid-tier buyers.
(C) Logistics Maturation
- Exporters adopted rail routes to Europe, reducing reliance on Black Sea shipping.
4. Comparative Analysis with Historical Data (Pre-2023)
(A) Germany’s Persistent Decline
- fell at a **-1.4% CAGR** (2016–2023), though its 29.5% share (2023) underscored persistent dominance.
(B) North America’s Bifurcation
- The U.S. stabilized at 25.8% share (2023) vs. 25.4% (2016), while Canada collapsed to 1.3% (from 1.1% in 2016).
(C) Asia-Pacific’s Steady Climb
- Australia and Vietnam grew to 8.3% collective share (2023 vs. 6.8% in 2016), driven by snack manufacturers.
