Nuts

Brazil nuts: reduced production capacities due to Covid-19 measures

November 18, 2020 1:39 PM, Der AUDITOR
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SUCRE/LIMA. The coronavirus pandemic leaves its mark on the Brazil nut market. While production estimates remain stable, there is a lack of containers in the countries of origin.

Decline in production

The International Nut and Dried Fruit Council continues to estimate global Brazil nut production at 73,500 mt in 2020/2021, which is a decline of 6% from last year. The effects of the Covid -9 pandemic are nevertheless fuelling uncertainty in the markets. Many companies lack the necessary liquidity to raw nuts from farmers, while at the same time demand from both traditional and new markets declined. Compliance with distance and hygiene rules resulted in reduced production capacity in many factories. Coronavirus measures

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