Nuts

Almonds: actual acreage of the 2020 crop

July 6, 2020 3:28 PM, Der AUDITOR
Play report as audio

MADRID. As reported by the Spanish agricultural media, the National Dried Fruit Association has announced its current estimates for the 2020 almond crop. This year the data is said to have been collected by using a new method for the first time.

Increase in production should be safe

Instead of relying purely on statistical projections and estimates, Mesa Nacional de Frutos Secos has calculated the forecast for the Spanish almond crop in 2020 on the basis of officially declared areas under cultivation. The data had been collected in 2019 and made available to the association by the Ministry of Agriculture. Due to the new basis of calculation, however, it is not possible to make direct comparisons with previous years.

The total production potential is said to be 95,579 metric tonnes of shelled almonds, about 118,000 ha of young almond trees are not included in the calculation as they are not expected to have a yield this year. This is significantly less than the estimates of others. The experts from DESCALMENDRA (Spanish Almond Sheller Association) and AEOFRUSE (Spanish Association of Almond Growers Organizations) had previously made a joint forecast of a total of 115,600 metric tonnes, which also corresponds to the figures of the International Nut and Dried Fruit Council. Only after the harvest will it become clear how high the result actually was. However, a production increase compared to 2019 seems very likely at present.

Almond crop forecast, Spain, 2020

Region

Area under cultivation in ha

Production in mt

Andalusia

124,777

29,800

Castilla-La Mancha

86,367

21,474

Aragon

61,925

16,552

Valencian Community

54,564

9,039

Murcia

65,681

6,825

Catalonia

29,377

6,736

Others

26,481

5,153

Total

449,172

95,579

Mesa Nacional de Frutos Secos

Prices stable for the time being

With the exception of slight, trader-dependent fluctuations, prices in the almond market have now stabilised after a steady downward trend in recent months. On 7 July, the National Agricultural Statistics Service will publish objective estimates for the US crop in 2020, which could cause prices to move again, depending on the outcome.

Meanwhile, Australian almonds, Carmel Supreme, 27/30, natural, are traded in the European spot market for EUR 4.10 per kg FCA Spain. According to the Almond Board of Australia, a total of 76,556 metric tonnes of almonds were exported from Australia in the 2019/2020 season, a good 15,000 metric tonnes more than the previous record volume. About 40,000 metric tonnes went to China, the second most important customer was Germany with a good 5,500 metric tonnes.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

4.30

Valencia, 12/14 mm, blanched, Spain

5.10

California, SSR, 27/30, natural, USA

4.20

Carmel Supreme, 27/30, natural, USA

4.20

Almonds, diced, USA

4.65

Almond meal, blanched, USA

4.45

Nonpareil Supreme, 23/25, natural, Australia

4.40

Carmel Supreme, 27/30, natural, Australia

4.10

FCA Spain

View more information
price chart, almonds. natural. 18/20, Valencia
price chart, almonds, natural 27/30, Largueta
price chart, almonds, blanched, 27/30, California SSRmore price charts

Attached Files

File icon
price chart almonds, natural, 12-14 mm, Valencia
File icon
price chart almonds, natural, 27-30, California SSR

View related articles

Go to the News Overview
Nuts
Jan 20, 2022
SACRAMENTO. Transport problems had caused many US exporters to miss the important Christmas business. High prices had also initially deterred buyers, but have now returned to a more attractive level.
Nuts
Jan 19, 2022
SACRAMENTO. As logistics are still an issue US almond exports have slowed for the fourth consecutive month in December. Total shipments declined by 17% between August and December.
Nuts
Jan 19, 2022
HANOI/NEW DELHI. Even though prices for Indian cashews are approaching a more attractive level again, suppliers there will have a hard time keeping up with the competition from Vietnam and African growing countries. Vietnam achieved a new export record in 2021.
Nuts
Jan 12, 2022
SUCRE. After production proved disastrous in 2021/2022, hopes are high that things will improve in 2022/2023. Heavy rains may, however, be decisive. Anticipations for the new crop have also hit Europe.