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Overall supply of US Pecans Increases 5%, China-oriented Export Increases 22.1 Million Pounds Year-on-Year

Pubtime:2017-05-02Author:Source: Hits:

In March, the output of pecans in 2016 estimated by US Shelled Pecans Dealers Association is about 286.7 million pounds (unshelled). Based on this output data and import/export data, the pecans supply and sales situations in entire 2016/17 shall be as follows:  

Source of Supply

Quantity

Opening inventory of 2016

130 Million pounds

Output in USA in 2016

286 Million pounds

Import volume of Mexico

190 Million pounds

Total supply in USA in 2016/17

606.7 Million pounds

 

The total pecans supply in 2016/17 is expected to be 606.7 Million pounds, increasing 7.99% year on year; total supply in 2015/16 was 561.8 million pounds.

More Chinese people love pecan nuts. Some increment of imported volume in China is from increase of export of pecan nuts. With labor costs increase in China, nuts purchased from USA and Mexico are more cost-effective. Many importers import unshelled pecans and shell in China.

Therefore, overall demands for nuts are increasing.