Nuts

Almonds: tricky demand situation

August 15, 2023 at 10:28 AM , Der AUDITOR
Play report as audio

SACRAMENTO/MADRID. Although July ended strong for US exports and harvesting has started in some parts of California, the industry is cautious about demand in 2023/2024.

Strong July cannot save the day

Although California succeeded in shipping a total of 187 million pounds in the final shipping month of July, which is 10% up on the same month last year, and monthly exports ranged 16% higher at 130 million pounds, this was not enough to turn the tide for the entire season. Total US exports amount to 1.848 billion pounds in 2022/2023, which is 1% down on the 1.869 billion pounds shipped overseas in 2021/2022. Domestic shipments even range 6% lower than last year at 716.355 million pounds. Grand total shipments are 3% down on last year

View related articles

Go to the News Overview
Nuts
May 27, 2024
NEW DELHI/ATLANTA. As crop declines are anticipated in Brazil US exporters are reckoning with improved demand for their peanuts. Hot weather is causing problems in India.
Nuts
May 27, 2024
MANILA. In planting 100 million coconut trees the Philippine government aims to revitalise the industry. High freight rates present quite a challenge.
Nuts
May 27, 2024
CANBERRA/REUS. China and Hong Kong purchased a record volume exceeding 90,000 mt of in-shell macadamias in 2023. Strange sales patterns have emerged in South Africa, Australia and Kenya. Drought is an issue in Mexico and Guatemala. Global production estimates are upbeat for 2024.
Nuts
May 24, 2024
MADRID. Exports have picked up for almonds in Spain. Crop estimates for 2024/2025 have emerged. Prices are a troublesome matter.