Almonds: exports gain strength
April 10, 2026 at 10:05 AM ,
Der AUDITOR
Strong March
Total monthly shipments reached 258 million pounds in March, 17% more than the 221 million pounds shipped in March 2025. Domestic shipments thereby gained by 2% to 53 million pounds and exports by 21% to 205 million pounds. At 1.8 billion pounds the grand total shipments for the season are, however, lagging 2% behind last year with domestic shipments 16% down, but exports 3% up.
Exports clearly up
Exports to India as leading destination for US almonds are still 3% off yet have rebounded since the start of the season as Select Harvest highlights. The country is the main buyer by far in South/Central Asia, where shipments are relatively firm on last year at 272 million ponds.
Spain is sporting a 24% rise and exports to Italy and Germany are also up. By contrast, exports to the Netherlands have fallen by 26%. At 428 million pounds exports to Western Europe as a region stand 6% higher than last year’s 402 million pounds.
Shipments to Turkey have risen sharply by 30%. According to Select Harvest the country is less impacted by the conflict in the Middle East and the closure of the Strait of Hormuz than other countries such as the United Arab Emirates or Saudi Arabia. At 255 million pounds exports to the Middle East still range 4% higher than last year’s 246 million pounds.
Morocco is showing a considerable gain of 33%. Exports to North Africa have risen by 20%, from 72 million pounds in 2024/2025 to 86 million pounds in 2025/2026.
Suppliers are also watching out for developments in Southeast Asia and China. At 95 million pounds total shipments to Southeast Asia stand as much as 46% higher than last year’s 65 million pounds with Vietnam witnessing a notably upsurge of 63%. Agreement is that former top buyer China has rerouted its supply chain to other Asian countries as trading with the US has become strained under US President Donald Trump’s tariff policy. Yet kernel shipments to China have risen by a small 1% and it will be interesting to see in how far this will become a sustained development.
China and India are also actively sourcing in Australia. Although output has risen here in recent years, rain has interrupted the harvest season this year and has impacted the quality of the crop.
|
US almond shipments (1,000 lbs) |
|||
|
Destination |
2024/25 |
2025/26 |
Diff. |
|
India |
261,123 |
252,346 |
-3.4% |
|
Spain |
110,108 |
136,644 |
24.1% |
|
Turkey |
81,439 |
105,481 |
29.5% |
|
UAE |
107,584 |
96,953 |
-9.9% |
|
Italy |
63,125 |
72,510 |
14.9% |
|
Netherlands |
94,398 |
70,270 |
-25.6% |
|
Germany |
60,755 |
64,135 |
5.6% |
|
Morocco |
46,598 |
61,773 |
32.6% |
|
Vietnam |
36,363 |
59,230 |
62.9% |
|
Japan |
59,637 |
51,108 |
-14.3% |
|
Others |
423,034 |
413,875 |
-2.2% |
|
Total Exports |
1,344,164 |
1,384,334 |
3.0% |
|
Total Domestic |
465,540 |
391,439 |
-16.0% |
|
Grand Total |
1,809,704 |
1,775,773 |
-1.9% |
|
California almonds, 01/08-31/03 |
|||
Less ideal supply scenario
At 1.33 billion pounds the computed inventory stands on a similar level as last year. This provides limited space for carry-forward supplies to achieve a similar level as last year’s 483 million pounds. In addition, conditions were not ideal during bloom and the high temperatures in spring have given rise to concerns over a very hot summer. Low snowpack levels are also an issue. Good rainfall and reservoir levels will only partly offset this lack in water supplies.
El Niño weather conditions are also developing in the Pacific Ocean, which may drive up temperatures and humidity and result in a wet winter. Quotations for prompt shipments to Europe have remained firm in the past two weeks.
|
US almonds |
|
|
Type |
EUR/kg |
|
Carmel Supreme, 20/22 (April) |
6.90 |
|
Carmel Supreme, 23/25 (April) |
6.70 |
|
Independence X1, 23/25 |
6.80 |
|
FCA NL |
|
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