Free of charge

Almonds: prices for organic almonds have not hit rock bottom yet

July 20, 2020 at 2:34 PM , Der AUDITOR
Play report as audio

MADRID/CANBERRA. Spanish organic almonds have again become cheaper on the local trade markets. However, offers for the new crop should continue to decline in the 2020/2021 season.

Australian exports shrank by 33%

The prices for Spanish and Californian almonds have settled. Deviations of EUR 0.20-0.30 per kg, depending on the trader, are mainly due to whether a distinction between offers for old and new crop is still made or whether a mixed calculation is used.

Australian almonds, 2019 crop are currently available on the European spot market at around EUR 0.05 per kg cheaper than just a few weeks ago. Since the start of the season on 1 March 2020, 11,091 metric tonnes of almonds (converted into shelled almonds) have been exported from Australia - despite the increase in production, tis is around a third less than last year at this time. The volume of exports to Asia has decreased by 45% to 7,237 metric tonnes, while shipments to Europe have shown minimal growth at 2,110 metric tonnes.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

4.20

Valencia, 12/14 mm, blanched, Spain

5.00

Carmel Supreme, 30/32, natural, USA

4.15

Carmel Supreme, 23/25, natural, USA

4.20

Almonds, diced, USA

4.65

Almond meal, blanched, USA

4.50

Nonpareil Supreme, 23/25, natural, Australia

4.35

Carmel Supreme, 27/30, natural, Australia

4.05

FCA Spain

No reason for high prices

Export prices for Spanish organic almonds remain at the current level, while shipments from the 2020 crop are set at a good EUR 1.00 per kg cheaper. Considering the collapse in prices for conventional almonds, there should be some downward pressure on organic almonds in the coming months. Currently there is no reason to believe that the organic crop will be as low as it was last year.

Organic almond prices, Spain, in EUR/kg

Type

2019 crop

2020 crop

Valencia, 12/14 mm, natural

9.60

8.60

Valencia, 12/14 mm, blanched

11.20

10.30

Almonds, diced, blanched

11.30

10.10

Almond meal, blanched

11.05

10.00

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, California SSR
File icon
price chart almonds, natural, Valencia

View related articles

Go to the News Overview
Nuts
Sep 15, 2025
NEW DELHI. Although prices on the Indian peanut market have risen slightly compared to last week, the near future looks less rosy. The world market is turbulent.
Nuts
Sep 15, 2025
SACRAMENTO. According to the August Position Report issued by the Almond Board of California, domestic demand slumped in August, whereas exports picked up. Inventories are strained.
Nuts
Sep 12, 2025
ORDU. Shock prevails in Turkey as buyers need to absorb a the current market situation for hazelnuts. Exporters are running a high risk in selling. September is showing signs of a very weak start to the new export season. The Central Bank has cut the key interest rate.
Nuts
Sep 10, 2025
SACRAMENTO. Issued on 4 September, the USDA’s Objective Measurement Report for walnuts is highly upbeat about this year’s crop. This optimism is also shared in California. Shipments slumped in 2024/2025 as the final “Shipments Report” for August issued by the California Walnut Board shows.