The “off-year” for production will push Turkey’s pistachio production lower in the 2023/24 campaign. The production of almonds and walnuts is forecast slightly higher but hazelnut production is expected to go down. These are the findings of the latest USDA report.
Even though domestic tree nuts production continues to grow, Turkey is projected to import sizeable volumes of almonds and walnuts in 2023/24 to meet steady consumer demand. Imports of US tree nuts continue to be disadvantaged by a 10 percent retaliatory duty, which Turkey imposed after the United States levied Section 232 tariffs on Turkish steel and aluminium. However, despite this additional tax and growing competition, the United States is still the one of the top suppliers of walnuts and almonds to Turkey.