Nuts

Almonds: Spain loses out to California

February 23, 2023 at 9:59 AM , Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. Spain is evidently unable to compete with the United States this season. While US almond exports set a new monthly record in January and already showed signs of recovery in December, the opposite is the case in Spain. Exports slipped by 26% in December. Attention is shifting towards the new crop.

13% decline in exports

Spain exported 10,172 mt mt of almonds in December 2022, which is 13% down on the 11,700 mt shipped in December 2021. Discouraging as these figures are it should, however, be noted that monthly exports range roughly on par with the 8,556 mt exported in December 2020. Although total exports dipped by a less drastic 9% to 65,684 mt in the five-month period between August and December, they display a similar trend. Total exports, in fact, range more than 5,000 mt higher than the 60,561 mt registered in the same period in 2020/201.

Shipmen

View related articles

Go to the News Overview
Nuts
Jul 22, 2024
NEW DELHI/AUSTIN. Although US growing regions in the Southwest have faced some heavy rains, growers in parts of Texas continue to face drought and water shortages. In India, prices could soon receive support.
Nuts
Jul 18, 2024
BRUSSELS/ORDU. Given that prices have surged this season it is quite remarkable that EU imports have risen for hazelnuts in the first six months of the year. Suspense is palpable in Turkey with the TMO and Ferrero expected to take decisive action very soon. Offers for the new crop are circulating.
Nuts
Jul 17, 2024
HANOI/NEW DELHI. Vietnam's exports in the first half of 2024 are quite impressive, and many destination countries have increased their purchase volumes. Meanwhile, prices in India remain stable.
Nuts
Jul 16, 2024
SACRAMENTO. Opinions may be contradicting but June was a very strong month for US almonds. With the season in its final stages concerns are being voiced over remaining supplies and the state of the new crop.