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
Feb 21, 2024
NAIROBI/CAPE TOWN. Kenyan market players are already benefiting noticeably from the government's decision to temporarily lift the export ban on unprocessed macadamias. Prices in South Africa have fallen sharply in recent years.
Nuts
Feb 20, 2024
BRUSSELS/SACRAMENTO. EU imports have slumped by 21% for almonds this season so far. With the impacts of the climate crisis gaining attention the industry is keen to promote almonds as good. Production prospects could hardly differ more in California and Spain this year.
Nuts
Feb 19, 2024
FORT WORTH/ATLANTA. Supplies are tight for pecans. US exports are down. China has bought record volumes this season.
Nuts
Feb 19, 2024
NEW DELHI/BEIJING. Prices in India continue to decline and market experts do not expect this to change in the near future. The situation is also tense in China, while all eyes in Brazil are on the new crop.