Nuts
Free of charge

Almonds: farmers in Spain oppose unjustified prices

June 8, 2020 at 4:06 PM , Der AUDITOR
Show report in German
Play report as audio

MADRID. Farmers in Spain are observing the recent price declines with anger. They reckon that the current prices are unjustifiably cheap.

Prices decline further

Prices have further declined by EUR 0.05-0.10 per kg in Spain this week. Prices range much lower than last year in Spain and in California. Producers are seeing their profit margins melting away and feel that the price cuts are unjustified since consumption has by no means declined. They have, however, so far failed to recognise that not only the present situation is essential to supply and demand but also the way in which the market is expected to develope over the next few months. Record prodcutions in Spain and in the US will most certainly add pressure to the market. DESCALMENDRA (the Spanish Almond Sheller Association) and AEOFRUSE (the Spanish Association of Almond Prodcuer Organisations) estimate that production will range at 115,600 metric tonnes. US production estimates range at 1.23 million metric tonnes (NASS)-1.34 million metric tonnes (TNT). US exports declined in April over March and the figures for May will be issued towards the end of the week.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

4.40

Valencia, 12/14 mm, blanched, Spain

5.25

California, SSR, 27/30, natural, USA

4.30

Carmel, SSR, 27/30, natural, USA

4.20

Almonds, diced, USA

4.75

Almond meal, blanched, USA

4.55

FCA Spain

Sharp rise in production by 88%

The current price trend is further supported by the Cooperativas Agro-alimentarias Castilla La Mancha, which estimates production in the region at 18,278 metric tonnes. This is a sharp increase of 88.15% over last year. Although prospects were highly encouraging before the Covid-19 pandemic took hold in March, uncertainty has spread in the market and prices have declined over the last few months. Additional pressure was generated by the circumstance that US almonds could not be sold to the same extent in China as anticipated. For the Cooperativas Agroalimentarias bilateral agreements between the EU and China or other countries that are also major consumers of almonds, such as Morocco, are, however, lacking.

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

Attached Files

File icon
price chart almonds natural Valencia 12-14 Spain
Download
Are you interested in almonds?
Visit our top seller pages. Here you will find exclusive market reports, offers and prices and crop data.
Find out more

View related articles

Go to the News Overview
Nuts
Dec 12, 2025
Hazelnuts: U-turn comes with worries
ORDU. In Turkey, the hazelnut market has shifted into reverse mode with wide price gaps existing. There is wide room for speculations as to what way the market will turn in the second half of the season and who may have to pay the bill.
Nuts
Dec 11, 2025
Pistachios: sharp downward revisions
REUS. According to the International Nut and Dried Fruit Council’s (INC) most recent production estimates for pistachios, global production will decline despite the US bumper crop. Output is not in line with expectations in Iran and Turkey. Spain holds quite an advantage.
Nuts
Dec 10, 2025
Pecans: sharply revised estimates
REUS. In November, the International Nut and Dried Fruit Council (INC) sharply revised the production estimates for pecans. Supplies are an issue in the US. South Africa reports a record crop. Floods have hit China and Brazil.
Nuts
Dec 10, 2025
Desiccated coconuts: massive damage in Asian growing regions
MANILA/HANOI. Extreme weather events in recent weeks have led to chaotic conditions in some growing countries. The extent of the damage is currently still being assessed. Prices for desiccated coconuts remain largely stable, while other coconut products are proving to be much more volatile.