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Almonds: crop smaller than anticipated

January 27, 2025 at 3:11 PM , Der AUDITOR
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MADRID. Exports are running smoothly for almonds in Spain this season. News from the orchards is, by contrast, not quite as encouraging.

Exports 23% up

Exports are running well for Spain this season. Monthly exports climbed to 18,525 mt in November, which is 23% more than in November 2023. At 63,449 mt total exports also stand 23% higher than last year with impressive gains being reported in nearly all top ten destinations. Shipments to Germany have surged by 29%, thereby enabling the country to replace France as most important export destination. France is, however, also showing an11% uptick in shipments and Italy is sporting a 45% gain. Shipments to Turkey and to Greece are showing triple digit rises. Contrary to this, exports to the UK and Belgium have declined by 21% and 6% respectively.

Almond exports, Spain (mt)

Destination

2023/24

2024/25

Diff

Germany

11,001

14,222

29.3%

France

11,344

12,569

10.8%

Italy

9,152

13,259

44.7%

Netherlands

1,703

2,690

58.0%

Portugal

2,162

2,218

2.6%

Poland

1,530

1,933

26.3%

Turkey

690

1,788

159.1%

UK

1,874

1,476

-21.2%

Greece

471

1,349

186.4%

Belgium

1,366

1,282

-6.1%

Others

9,969

10,663

6.7%

Total

51,262

63,449

23.4%

Ministry of Industry, Tourism and Trade, Spain, 01/08-31/11

Smaller crop

As news from the orchards, however, suggests yields have been quite disappointing this season. According to current industry estimates the 2024 crop may have only reached a size of 110,000 mt, whereas 122,304 mt were still projected as INC estimate in October. This would also be 3% less than the 113,150 mt produced in 2023.

 

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price chart, almonds, Mamra, Iran
price chart, almonds, natural 13/14, Largueta
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