Market updates on edible nuts with up-to-date price trends
Nuts
Mar 30, 2022

Almonds: Australia still expects positive results

CANBERRA/SACRAMENTO. The new export season for the Australian almond market started in March, but on paper it is the still 2021/2022 season that is nearing completion.
Nuts
Mar 30, 2022

Cashews: concern about crop quality

REUS/HANOI. The INC expects a higher production volume for the 2021/22 season than last year, but is also concerned about the quality of the goods. Improper storage and adverse weather conditions could have a negative impact.
Nuts
Mar 29, 2022

Brazil nuts: high starting prices in 2022

REUS/SUCRE. The negotiations between the Brazil nut collectors' unions and the processing factories could be settled quickly this time, as both were satisfied with the starting prices. These are clearly above those of 2021.
Nuts
Mar 28, 2022

Pecans: North American crops are significantly smaller

REUS/ATLANTA. In the USA and Mexico, the most important pecan-growing countries, there was a noticeable year-on-year decline in production due to the severe drought. Brazil and China, however, recorded significant increases.
Nuts
Mar 28, 2022

Hazelnuts: far from normal

ORDU. Some normality has returned to Turkey’s hazelnut market as speculations are rife over the potential impact of frost. Rumour also has it that the TMO is planning the next round of sales. The current situation is, however, far from normal.
Nuts
Mar 24, 2022

Pine nuts: prices maintain their high level

REUS/BEIJING. The INC expects a significantly lower availability of pine nuts from Mongolia again this season. However, higher yields in other growing countries should easily compensate for the deficit.
Nuts
Mar 23, 2022

Hazelnuts: Turkey remains top producer

REUS/ANKARA. Turkey remains by far the most important production country for hazelnuts and can once again record significant increases. Italy, however, suffered a massive drop in production.
Nuts
Mar 23, 2022

Almonds: ending stocks to hit record

SACRAMENTO/REUS. While almond production declined in the USA and in Spain in 2021/2022, Australia is preparing for a bumper crop. Flowering has been completed in California but farmers report mixed experiences with nighttime frost. Exports from Spain have slowed.
Nuts
Mar 22, 2022

Pistachios: impossible to compete

TEHRAN. Although growers in Iran cultivate pistachios on 357,000 ha, which is the largest area in the world, average yields only range at 500-700 kg/ha. For suppliers it is basically impossible to compete with the United States where average yields range at 2,600 kg/ha. Traders are also keeping a close eye on Turkey.
Nuts
Mar 22, 2022

Cashews: Africa gains market share in Europe

ACCRA. The African Cashew Alliance looks back positively on 2021, when exports to Europe reached their highest level in almost 50 years. The outlook for 2022 is also promising.
Nuts
Mar 17, 2022

Cashews: possible crop damage in India

NEW DELHI/HANOI. While market players estimate the 2022 crop in India to be similar to last year's, there are some growers who report crop damage due to heavy rains. Things are looking better in the East African and Vietnamese growing regions.
Nuts
Mar 17, 2022

Walnuts: Chile could achieve record crop

REUS/SANTIAGO. With a production of over 1 million mt, China remains the most important walnut-producing country. Chile is far from being able to keep up, but still expects a record crop in 2022.
Nuts
Mar 16, 2022

Pistachios: global production declines by a quarter

REUS/SACRAMENTO. In the three most important pistachio-producing countries, there will be significant crop declines in the 2021/22 season. Exporters are also facing various difficulties.
Nuts
Mar 16, 2022

Hazelnuts: alarming reports on new crop

ORDU. The lira slipped to its lowest against the US dollar last week since 20 December over concerns over the war in Ukraine but has since recovered against the euro and nominally against the US dollar. In 2021, the currency lost 44% in value. This year’s losses amount to around 8% so far. Russia’s brutal invasion of Ukraine is, however, not the only concern in the market.
Nuts
Mar 15, 2022

Almonds: US exports cannot keep up

SACRAMENTO. US almond exports are far from recovery, as export volumes in February were again 11% behind the same month last year. Domestic shipments also declined this time. Growers, meanwhile, are still trying to determine the frost damage.
Nuts
Mar 15, 2022

Macadamias: floods damage Australia's crop

REUS/CANBERRA. After the crop prospects for Australia had looked good at first, heavy rainfall and flooding in recent days have led to massive damage. It is not yet possible to estimate the extent of the damage, although initial forecasts have already been made.
Nuts
Mar 14, 2022

Peanuts: dent in global production

REUS/NEW DELHI. According to the International Nut and Dried Fruit Council (INC) global peanut production declined nominally in 2021/2022. China remains the most important producer. Production has even risen here.
Nuts
Mar 10, 2022

Almonds: flowering period comes to an end

SACRAMENTO/MADRID. In the Californian growing areas, the flowering phase is slowly coming to an end. The damage caused by the frosty temperatures has not yet been determined in detail.
Nuts
Mar 9, 2022

Pecans: US exports down by 45%

ATLANTA. The APC's latest report shows how much US exports have fallen in the first five months of the current season. Transport difficulties are largely to blame for this.
Nuts
Mar 9, 2022

Pine nuts: shipments from China pick up again

BEIJING. Germany increased its pine nut imports by more than 20% last year. Shipments from both China and Russia increased year-on-year.
Nuts
Mar 8, 2022

Cashews: Vietnam lowers export target 2022

HANOI. After the record level of 2021, Vietnam had high export targets for 2022, but now has to row back due to the geopolitical situation. The pandemic also continues to affect exports.
Nuts
Mar 7, 2022

Peanuts: acreage could be smaller than expected

ATLANTA/BUENOS AIRES. Some market players may be overestimating the 2022 acreage, which is likely to be smaller than initially hoped for. US exports are currently rather sluggish, while prices on the European spot market are rising.
Nuts
Mar 7, 2022

Pistachios: Russia deals blow to hopes

TEHRAN. Russia has dealt a blow to hopes of a possible revival of the nuclear deal with Iran. By demanding the U.S. to provide written guarantees that Moscow’s dealings with Tehran will not be damaged by Western sanctions over the war in Ukraine the conflict has finally hit negotiations in Vienna. A failure to revive the 2015 nuclear deal will have devastating consequences for Iran’s pistachio industry.
Nuts
Mar 2, 2022

Almonds: concern about frost damage

SACRAMENTO. The early start of flowering in California may have been fatal for the almond trees after last week's frosty temperatures. Some farmers were able to take precautions in the hope of preventing greater losses.
Nuts
Mar 2, 2022

Pistachios: China bars creative export strategy

TEHRAN/WASHINGTON, D.C. Due to the slump in pistachio production exports are going anything but well for suppliers in Iran. Demand for pistachios also failed to meet expectations in the run up to the Lunar New Year in China. These are, however, not the only problems as China has also introduced new customs regulations for nuts and dried fruit that put Iran’s exporters in a difficult financial position.
Nuts
Mar 1, 2022

Walnuts: trading suffers in Eastern Europe

KYIV/BEIJING. While the crisis is unfolding in Ukraine and this is creating a high degree of uncertainty, demand is shifting towards China. Most traders in Ukraine have withdrawn from the walnut market.
Nuts
Feb 24, 2022

Macadamias: good crop prospects for Australia

CANBERRA. Initial estimates for the Australian macadamia crop 2022 indicate that high yields and good quality are expected. Weather conditions have been decidedly favourable.
Nuts
Feb 23, 2022

Peanuts: India hopes for larger market share

NEW DELHI/ATLANTA. A new EU regulation gives Indian producers hope for a larger market share in Europe. The USA, however, is not remaining idle either and is increasing its acreage.
Nuts
Feb 23, 2022

Pecans: demand on the rise

ATLANTA. Buying interest in US pecans has risen steadily in recent years, according to data from the American Pecan Council. Meanwhile, producers are already getting creative to meet the high demand.
Nuts
Feb 22, 2022

Almonds: a matter of prices

MADRID/SACRAMENTO. Spain's almond exports are maintaining their high pace. Meanwhile, the flowering period has begun in California. High almond stocks are putting pressure on the market, while prices are currently not lucrative for many growers.
Nuts
Feb 21, 2022

Cashews: crop damages in Vietnam and Cambodia

HANOI. Heavy rains witnessed in February have damaged the cashew crop and impacted the quality in Vietnam and Cambodia. This will certainly limit global supplies in 2022. Things are, by contrast, more encouraging in West Africa.
Nuts
Feb 17, 2022

Hazelnuts: TMO price comes with a bang

ORDU. The TMO’s decision to sell 20,000 mt of hazelnuts in Levant and Giresun quality has come as a shock to some market players. Especially since the price the TMO is asking for ranges as high as TRY 39/kg. While buyers in Europe are quite laid back, waiting too long may very well backfire.
Nuts
Feb 16, 2022

Macadamias: cyclone damages Zimbabwe's crop

HARARE. Overall, market players are optimistic about the 2022 crop, but tropical storm "Anna" has now caused massive crop damage in Zimbabwe. In Europe, spot market supplies are becoming scarce.
Nuts
Feb 15, 2022

Walnuts: global market in upheaval

SACRAMENTO/KIEV. Even though the USA remains the most important supplier of walnuts, competitors are pushing their way further and further into the foreground. Concerned eyes turn to Eastern Europe and the crisis between Russia and Ukraine.
Nuts
Feb 15, 2022

Almonds: record exports in Australia vs slump in USA

SACRAMENTO/CANBERRA. While Australia is currently witnessing a record export season, US almond exports are lagging behind. Crop receipts, however, range higher than anticipated. The prices on offer in Europe differ greatly.
Nuts
Feb 14, 2022

Pistachios: water scarcity presents challenges

TEHRAN. While drought and excessive heat cut last year’s pistachio production by an estimated 35% to 135,000 mt, water scarcity is a much more prolonged issue in Iran. Successive climate change has reduced production in Kerman province in recent years. Iran mainly produces pistachios here.
Nuts
Feb 10, 2022

Almonds: Australia's exports hit record levels

MADRID/CANBERRA. Even well before the end of the Australian almond export season, export figures are already above those for the full season 2020/2021. Prices have levelled off on the European spot market.
Nuts
Feb 10, 2022

Desiccated coconuts: market remains highly volatile

MANILA. Numerous adversities such as pandemic-related staff shortages, a low vaccination rate and the ongoing container shortage ensure that there is no consistency in the coconut market. Prices have declined slightly since the beginning of the year.
Nuts
Feb 9, 2022

Hazelnuts: hit or miss exports

ORDU. Although Turkey’s hazelnut exports have hit another record in January, the wider picture tells a different story. Speculations are still running wild as to when the TMO may start selling inventories. Prices may be attractive at present but buyers in Europe prefer to play it safe.
Nuts
Feb 9, 2022

Walnuts: Christmas supplies finally arrive

SACRAMENTO/BEIJING. As delayed shipments are finally arriving in Europe the walnut market has come under pressure. Christmas supplies are now weighing on prices.
Nuts
Feb 8, 2022

Pecans: surge in prices

ATLANTA. The prices for US pecans have surged in recent days. Issue is the off-year in production coupled with high quality. Exports also range lower, especially to Asia.
Nuts
Feb 7, 2022

Peanuts: record-breaking yields

ATLANTA. Even though acreage was lower in 2021 than in the previous year, a larger peanut crop was achieved in the USA. This was mainly due to record-breaking yields in the states of Oklahoma, Virginia and South Carolina.
Nuts
Feb 3, 2022

Cashews: producers are optimistic about the future

HANOI. Cashew exports already increased markedly in 2021 and analysts expect this positive trend to continue in the coming years. Prices, meanwhile, are largely stable.
Nuts
Feb 2, 2022

Almonds: good crop expectations in Australia

CANBERRA/MADRID. The almond harvest is starting in Australia and so far experts are expecting another record crop. Exports for the 2021/22 season also increased significantly, mainly due to one certain country.
Nuts
Feb 2, 2022

Peanuts: crop in good condition despite drought

BUENOS AIRES. Heat and drought significantly depleted the soils in Argentina's growing regions in December, and the moderate rainfalls that followed are unlikely to have improved soil moisture again. Farmers are therefore dependent on timely rainfall during the important growing season in order to achieve their planned goals.
Nuts
Feb 1, 2022

Walnuts: price slump in Moldova

CHIȘINĂU. Prices have slumped in Moldova and expectations are that further declines are in store for the walnut market. Although demand in Europe is still rather subdued, this is about to change, but buyers are not exactly happy with the prices on offer for US walnuts. In Germany, the USA has, however, gained market shares from Chile.
Nuts
Jan 31, 2022

Pecans: significantly smaller crop in the USA

ATLANTA/CAPE TOWN. Heavy rains have resulted in a smaller crop in the USA after the harvesting process was previously subject to delays. The situation is different in South Africa.
Nuts
Jan 28, 2022

Pistachios: accelerating decline in exports

TEHRAN. Iran’s pistachio exports declined by a surprisingly moderate 12% last year considering that production decreased sharply. This development will, however, accelerate this year. Issue is that severe drought has also impacted the quality of the current production.