Nuts

Macadamias: Australia gains market share in Asia

December 3, 2020 2:07 PM, Der AUDITOR
Play report as audio

CANBERRA. Despite a slight crop decline, Australia was able to secure important shares of the Asian market. Demand from China even rose by a whopping 30%.

Good export demand

Australia is the second most important country after South Africa when it comes to the cultivation of macadamia nuts. In November, the INC had increased its previous estimates for the 2020 crop, which now stands at 42,000 mt of macadamias in shell with a moisture content of 3.5%. This represents a decrease of 3.4% compared to the 2019 crop. The Australian production areas, which were affected by extreme drought, ultimately performed better than expected, and the quality of the nuts is also rated as very good. Macadamias Australia rep

View related articles

Go to the News Overview
Nuts
Jan 20, 2022
SACRAMENTO. Transport problems had caused many US exporters to miss the important Christmas business. High prices had also initially deterred buyers, but have now returned to a more attractive level.
Nuts
Jan 19, 2022
SACRAMENTO. As logistics are still an issue US almond exports have slowed for the fourth consecutive month in December. Total shipments declined by 17% between August and December.
Nuts
Jan 19, 2022
HANOI/NEW DELHI. Even though prices for Indian cashews are approaching a more attractive level again, suppliers there will have a hard time keeping up with the competition from Vietnam and African growing countries. Vietnam achieved a new export record in 2021.
Nuts
Jan 12, 2022
SUCRE. After production proved disastrous in 2021/2022, hopes are high that things will improve in 2022/2023. Heavy rains may, however, be decisive. Anticipations for the new crop have also hit Europe.