Nuts

Almonds: exports 6% up in Spain

September 27, 2021 at 7:57 PM , Der AUDITOR
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MADRID. Spain's overseas shipments for almonds ranged higher in July. Total shipments for the season have nearly risen by 6% on last year. Concerns are, however, being voiced over crop losses at present. This has impacted prices.

US is the noted exception

Spain shipped a total of 113,498 mt of almonds with and without shell overseas in 2020/2021. This is nearly 6% up on last year. Exports ranged at 8,918 mt in July, which a 6.4% rise on July last year. Spain mainly supplies countries in Europe. The US is, however, the noted exception. Shipments to the US have even risen by 19% to 2,178 mt. Germany, France and Italy have retained their position as leading export destinations for Spain. Shipments are also up to Belguim, Poland and Switzerland. Exports to the UK, Greece and Portugal have, by contrast, declined.

Imports were, however, nearly on par with exports in 2020/2021. Customs data shows that Spain imported a total of 196,845 mt of almonds between August 2020 and July 2021. The largest volume over 88,952 mt was shipped from California, 6,716 mt form Portugal and 3,549 mt from Australia.

Almond exports, Spain, in mt

Destination

2019/20

2020/21

Diff.

Germany

24,038

26,666

10.9%

France

22,297

24,758

11.0%

Italy

20,553

22,190

8.0%

UK

6,567

5,043

-23.2%

Netherlands

4,600

4,862

5.7%

Belgium

1,309

3,448

163.5%

Poland

1,786

3,442

92.8%

Portugal

3,690

3,286

-11.0%

Switzerland

1,570

2,314

47.3%

Greece

2,778

2,208

-20.5%

USA

1,830

2,178

19.0%

Others

16,169

13,104

-19.0%

Total

107,188

113,498

5.9%

Ministry of Industry, Trade and Tourism
01/08/2020-31/07/2021

Production deficit unavoidable

Frost has prompted crop losses in many parts of Spain. Extreme heat and drought in summer have also left their traces. Orchards without irrigation were particularly exposed and the damage is estimated as high as 85%. Organic almonds are also largely impacted. First reports state that weight has declined by two thirds and the crop may very well be smaller than anticipated. Unofficial estimates ranged at 109,000 mt in May, which is 5.5% lower than last year. Official estimates still, however, have to be issued. The starting prices for the new crop are nearly 30% higher than last year. Although the prices for prompt shipments have risen sharply in recent weeks, they have now levelled off.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

4.70-4.75

Valencia, 12/14 mm, blanched, Spain

5.70-5.75

California, SSR, 23/25, natural

5.60

California, SSR, 23/25, blanched

6.30

FCA Spain

 

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price chart, almonds. natural, +14, Valencia
price chart, almonds, natural 13/14, Largueta
price chart, almonds, blanched, 27/30, California SSR
more price charts

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price chart almonds natural California 27-30 SSR
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price chart almonds natural Valencia 12-14 Spain

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