Almonds: slowdown in Australia's exports
November 28, 2023 at 5:13 PM ,
Der AUDITOR
20% slump in September
Although Australia witnessed a strong start to the export season in March, shipments slowed after five good months. Monthly exports only reached 11,476 mt in September 2023, which is 20% down on September 2022. Domestic shipments also only ranged nominally higher at 2,261 mt in September as compared with the same month last year. Total shipments stood at 13,373 mt for in-shell almonds and kernels in September. Shipments to China may have slipped by 50% to 4,450 mt, but the country remained the most important export destination. Monthly shipments to Germany (-12% to 488 mt) and Spain (-50% to 471 mt) also took a hit, whereas a rise in shipments to India (+132% to 2,542 mt), Vietnam (+47% to 1,688 mt) and Turkey (+29% to 721 mt) was noted.
Total exports range 13% higher at 73,963 mt for March-September 2023 as compared with the same period last year. Although shipments to China declined, this has been more than compensated by sharp increases in shipments to most other destinations including India, Spain and Vietnam. Domestic shipments are nominally up at 14,922 mt.
|
Almond shipments, Australia (mt) |
|||
|
Destination |
2022/23 |
2023/24 |
Diff. |
|
China |
34,988 |
25,971 |
-25.8% |
|
Australia |
14,424 |
14,922 |
3.5% |
|
India |
6,907 |
14,148 |
104.8% |
|
Spain |
4,487 |
7,917 |
76.4% |
|
Vietnam |
3,162 |
6,672 |
111.0% |
|
Turkey |
2,621 |
6,629 |
152.9% |
|
USA |
1,046 |
2,359 |
125.5% |
|
Germany |
2,158 |
2,255 |
4.5% |
|
UAE |
2,269 |
1,357 |
-40.2% |
|
Netherlands |
947 |
1,053 |
11.2% |
|
Others |
7,005 |
5,601 |
-20.0% |
|
Total |
80,014 |
88,884 |
11.1% |
|
Almond Board of Australia, Mar-Sep inshells and kernels |
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Slump in production
Adverse weather conditions prompted Australia's almond production to decline by 30% to 105,000 mt as compared with last year, whereas initial projections ranged at 165,000 mt. Some even anticipated a production of 210,000 mt. The prices for lage varieties and US almonds have risen in Spain, whereas Guara almonds, size 12/14 mm, are trading lower than last week.
|
Almonds |
||
|
Natural |
EUR/kg |
USD/kg |
|
Valencia, 12/14 mm, Spain |
3.90 |
4.25 |
|
Valencia, +14 mm, Spain |
4.75 |
5.18 |
|
Guara, 12/14 mm, Spain |
4.00 |
4.36 |
|
California, SSR, 27/30, USA |
4.36 |
4.75 |
|
Carmel, SUP, 23/25, USA |
4.62 |
5.03 |
|
FCA Spain |
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View more
- 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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