Free of charge

Almonds: Spain wants to protect itself

August 31, 2017 at 3:15 PM , Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. The Spanish almond market has only one chance to hold its ground against the Californian competition: offering commodities of higher quality.

Spanish farmers and traders place great importance on the quality of their almonds; however, imports of considerably cheaper US almonds are putting increasing pressure on the prices. Growing almonds is loosing its attractiveness for Spanish farmers.

This year, about 100,000 mt of Californian almonds are expected to be imported to Spain, while the domestic production in 2017 will probably only reach 56,000-57,000 mt. To clearly distinguish domestic varieties from import commodities, the protected geographical designation of origin "Spanish almonds" will be introduced. 

Spanish almonds

Type

EUR/kg

Valencia, >14 mm, natural

5.20

Valencia, 12/14 mm, natural

4.90

Marcona, 12/14 mm, natural

7.00

Largueta, 12/13 mm, natural

7.00

EXW Spain

Balanced market
The 2017 Californian almond production is estimated at 1.02 million mt. As a result, the farmers are not only achieving a record crop, they are also producing about 18 times as much as the Spanish competition. Already in the last months of the 2016/17 season, the Californian export values were exceptionally high. Market players therefore assume that this year's increased production will be easily absorbed by the higher demand, if the prices approximately maintain the current level.

US almond prices

Type

EUR/kg

California, SSR, 27/30, blanched

5.75

Blanched, sliced

5.70

Blanched, diced

5.35

Blanched, slivered

5.45

Almond meal, blanched

5.30

EXW Spain

Attached Files

File icon
Price Chart Almonds, Valencia, Spain

View related articles

Go to the News Overview
Oilseeds
Dec 26, 2025
SEEHEIM/SOFIA. The year 2025 had a lot to offer: new regulations and record prices were the order of the day in many markets, and climatic extremes were noticeable in many areas. Our business partner from the sunflower seed market explains how market players have been facing these hurdles and what they expect for the coming year 2026. Read the full interview here.
Nuts
Dec 19, 2025
SACRAMENTO. As the November shipment report issued by the Administrative Committee for Pistachios shows demand has reshuffled in Asia. Mixed patterns have emerged in Europe. US crop receipts have reached a record.
Nuts
Dec 17, 2025
ORDU. Prices have finally softened for hazelnuts in Turkey, but farmers are still holding on to supplies in anticipation of higher rates. Exporters state that more inquiries are coming in.
Nuts
Dec 17, 2025
MANILA/NEW DELHI. According to T.M. Duché, export prices for desiccated coconuts remain stable, while coconut oil and copra are trading slightly weaker. In India, difficulties such as pest infestation and labour shortages are causing a decline in yields.