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Almonds: slowdown in Australia's exports

November 28, 2023 at 5:13 PM , Der AUDITOR
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CANBERRA. After witnessing years of high yields Australia's almond production slumped in 2023. This has impacted exports, which noted a 20% decline in September.

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

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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price chart, almonds, natural, +14, Valencia
price chart, almonds, natural 13/14, Largueta
price chart, almonds, blanched, 27/30, California SSR
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price chart almonds natural Valencia 12-14 Spain

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