Free of charge

Almonds: A raging price war

June 27, 2017 at 12:54 PM , Der AUDITOR
Play report as audio

SACRAMENTO/MADRID. Spanish almond producers are suffering from the competition from California.

 

The USA plans to harvest about 1 million this year rendering it highly unlikely that the farmers in Spain will be able to keep up in terms of prices, even although an estimated production of 56,500 mt is expected in Spain.

3-year low in Spain

The prices for Spanish almonds are at a 3-year low, much to the farmers’ displeasure. Investors nevertheless expect profits. In Aragón, Spain's second most important growing region after Andalusia, 12,000-16,000 mt are harvested annually, and about 70% are exported. 

Spanish almonds

Type

EUR/kg

Valencia, >14 mm, natural

5.50

Valencia, 12/14 mm, natural

5.25

Marcona, 14/16 mm, natural

9.10

Marcona, 12/14 mm, natural

8.40

EXW Spain

 

California is unbeatable

The USA have so far exported 552,000 mt this season, an increase of 20% compared to the same period last year. In the first quarter of 2017, Germany imported about 18,770 mt of US almonds, only as little as 3,195 mt came from Spain.  

US almond prices

Type

EUR/kg

California, STD, 5%, natural

5.05

Blanched, sliced

5.65

Blanched, diced

5.45

Blanched, slivered

5.55

Almond meal, blanched

5.35

EXW Spain

 

Attached Files

File icon
almonds blanched price chart
File icon
almonds natural price chart

View related articles

Go to the News Overview
Nuts
Nov 19, 2025
AYDIN/BRUSSELS. A few weeks ago, Turkey kicked off the new chestnut season. Rumour has it that this year's crop is significantly larger than usual. The EU has increased its imports from Turkey by 31%.
Nuts
Nov 19, 2025
MANILA. Several typhoons have hit the Philippines, causing flooding in growing areas and crop losses. Rising demand in the first Quarter of 2026 could lead to a raw material shortage.
Nuts
Nov 18, 2025
SACRAMENTO. According to California Almonds US exports picked up in October. Demand is particularly strong in Europe. Speculations prevail over supplies.
Nuts
Nov 17, 2025
NEW DELHI/REUS. According to the latest INC estimates, this year's global peanut crop will be slightly lower than last year's, even though the main producing countries have been able to increase their production. In India, growers still have cause for concern.