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Almonds: prices plummet

May 15, 2020 7:47 AM, Der AUDITOR
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SACRAMENTO/MADRID. Almond prices have declined drastically. A trend that is set to continue.

Valencias available from EUR 4,75/kg

Recor productions are expected in Spain and in California this summer. In addition, the impact of the pandemic on the global economy and on purchasing power may hamper demand for relatively expensive products such as almonds. In April, US almond exports were around 5% down on last year.

The question raised is what to do with the surplus production. While substitutes and product innovations are the order of the day in the food industry it is possible that almonds will soon be cheap enough to partially replace hazelnuts, which are mainly used in the confectionery industry in Europe. Natural Valencia almonds, 12/14 mm are trading at EUR 4,75 per kg FCA Spain and natural California SSR almonds, 27/30, at EUR 4,75 per kg FCA Spain.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

4.75

Valencia, 12/14 mm, blanched, Spain

5.65

California, SSR, 27/30, natural, USA

4.75

Carmel, SSR, 27/30, natural, USA

4.70

Almonds, diced, USA

5.05

Almond meal, blanched, USA

4.90

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

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

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