HomeNewsTurkish Nut Association to visit colleagues in California in June
ExclusiveNewsTrending

Turkish Nut Association to visit colleagues in California in June

The California Almond Board (ABC) will work with the California Walnut Commission to host a delegation from the Turkish Nut Association in June, EastFruit reports citing the California Almond Board. Turkey is one of the countries ABC is looking at as part of a global trade strategy. The Turkish government lowered tariffs on imported almonds on Jan 1, 2018, from 43% down to 15%; Turkey then implemented retaliatory tariffs of 20% on US almonds after the US announced Section 232 tariffs on imported steel and aluminum. In 2019, Turkey lowered the retaliatory tariff by 10%, which remains today. The current applied tariff for US almonds in Turkey is 25%.

The US is the leading importer of almonds to Turkey, which imports an average of $160 million annually (70% core and 30% shell almonds). The US share in Turkish imports in 2022/21 was 75%, followed by Spain at 7.4% and Australia and Iran at 6.3% each. Uzbekistan, which supplies mainly kernel, accounts for about 2% of Turkey’s almond imports, but last season’s supplies fell by more than 25% in value and 80% in quantity due to a poor harvest.

Read also: Surprising action in the Turkish hazelnut market has led to price swings

Also, the USA is the leader in walnut imports to Turkey. In the 2022/21 season, the country purchased more than $170 million worth of walnuts, while the share of the USA decreased by 22% (to $62 million) in value terms (in-shell and shelled), while China, on the contrary, almost doubled deliveries to Turkey to $58 million, thus occupying a share of nearly 34%. If the United States supplies mainly in-shell nuts, then China supplies the kernel and in-shell almost equally. Until the 2021/20 season, Ukraine accounted for about 10% of deliveries and reduced walnut imports to Turkey to $4 million, 2.3%.

EastFruit

The use of the site materials is free if there is a direct and open for search engines hyperlink to a specific publication of the East-Fruit.com website.

Related posts

Türkiye, Egypt, and China clash on the market of early peaches – why are prices so low?

EastFruit

South Africa initiates WTO dispute against EU citrus blackspot regulations

EastFruit

Egypt keeps diversifying fresh produce exports. Now potatoes in Morocco and fresh strawberries in Canada added

EastFruit

Leave a Comment