Almonds: Australia's exports set new record
October 12, 2022 at 4:35 PM ,
Der AUDITOR
US exports drop significantly
US shelled almond production in 2022 is estimated at about 1.18 million mt, with a crop of 443,846 mt registered by the end of September, down 8% from the same month last year, according to California Almonds. If there are no significant corrections, a total of 1.535 million mt of almonds would be available for the 2022/2023 season, compared to 1.52 million mt last season.
After the very good start to the 2022/2023 export season in August, nothing remains of the export lead after the significantly weaker September. In September, 85,450 mt of shelled and unshelled almonds were shipped domestically and overseas, 17% less than in the same month last year. Not only was domestic demand down 19% to 23,463 mt, but exports also shrank by 16% to 61,986 mt.
In the first two months of the new US almond season, a total of 189,006 mt of shelled and unshelled almonds were shipped domestically and internationally, about 4% less than in the same period last year. Domestic shipments were down sharply (-10%) at 53,150 mt and export volumes were also down by as much as 2% year-on-year to 135,856 mt. Important customers such as Spain (+10% to 15,209 mt), the United Arab Emirates (+39% to 11,482 mt) and Germany (+13% to 9,447 mt) increased their imports compared to last year, but at the same time shipments to India (-39% to 25,400 mt) declined significantly.
US almond* shipments, domestic and overseas, in mt |
|||
Destination |
2021/22 |
2022/23 |
Diff. |
USA |
59,276 |
53,150 |
-10.3% |
India |
41,499 |
25,400 |
-38.8% |
Spain |
13,846 |
15,209 |
9.8% |
China/Hongkong |
13,519 |
12,553 |
-7.1% |
UAE |
8,267 |
11,482 |
38.9% |
Germany |
8,332 |
9,447 |
13.4% |
Turkey |
2,644 |
5,474 |
107.1% |
Italy |
5,414 |
5,425 |
0.2% |
Canada |
5,037 |
4,775 |
-5.2% |
Morocco |
976 |
4,716 |
383.2% |
Others |
38,503 |
41,374 |
7.5% |
Total |
197,312 |
189,006 |
-4.2% |
Almond Board of California; August; *shelled and unshelled |
Australia exports 15,000 mt in August
According to the latest data from the Almond Board of Australia, domestic shipments in August 2022 were 1,971 mt of shelled and unshelled almonds, 22% behind the figure for the same month last year (2,537 mt). Overall, domestic demand between March and August was 12,215 mt, about 9% less than this time last year. Exports reached 15,929 mt in August, almost 4,000 mt more than in August 2021 and the best result so far for this month.
A total of 53,216 mt of shelled and unshelled almonds were exported from Australia, which is similar to the 53,472 mt of overseas shipments in the same period last year. The main buyer of Australian almonds remains China with 27,579 mt this season, an increase of 37% compared to the same period last year. Shipments to Spain (+47%) and Turkey (+96%) also increased significantly. India manages to hold on to third place in the ranking, although shipments there have more than halved. Countries such as Germany and Vietnam have also imported far fewer almonds from Australia this season than in the 2021/2022 season.
In total, 65,431 mt of shelled and unshelled almonds have been shipped domestically and internationally since the start of this season in March, compared to 66,828 mt in the first six months of the 2021/2022 season.
Australian almond* shipments, domestic and overseas, in mt |
|||
Destination |
2021/22 |
2022/23 |
Diff. |
China |
20,148 |
27,579 |
36.9% |
Australia |
13,356 |
12,215 |
-8.5% |
India |
13,775 |
5,887 |
-57.3% |
Spain |
2,471 |
3,634 |
47.1% |
Turkey |
1,061 |
2,081 |
96.1% |
Vietnam |
4,450 |
2,051 |
-53.9% |
UAE |
1,890 |
2,034 |
7.6% |
Germany |
1,840 |
1,606 |
-12.7% |
USA |
417 |
1,233 |
195.7% |
Thailand |
878 |
1,108 |
26.2% |
IThers |
6,542 |
6,003 |
-8.2% |
Total |
66,828 |
65,431 |
-2.1% |
Almond Board of Australia; Mar-Aug; *shelled and unshelled |
Prices remain stable
In the European spot market, prices for Spanish and Californian almonds have stabilised again for the time being. Valencia, 12/14 mm, natural were last offered for EUR 4.40-4.50/kg FCA Spain, while Carmel, SSR, 23/25 are currently at a level of EUR 4.70/kg FCA Spain.
Almonds |
|
Type |
EUR/kg |
Valencia, 12/14 mm, natural, Spain |
4.40-4.50 |
Valencia, +14 mm, natural, Spain |
4.70-5.00 |
Nonpareil, Extra no 1, 23/25, natural, USA |
6.05 |
Carmel, SSR, 23/25, natural, USA |
4.70 |
California, SSR, 23/25, blanched, USA |
5.75 |
FCA Spain |
View more
- price chart, almonds, natural, +14, Valencia
- price chart, almonds, natural 13/14, Largueta
- price chart, almonds, blanched, 27/30, California SSR
- more price charts