Global almond production will increase to 1.6 million tons; China's imports will reach 130,000 tons

Published 2024년 11월 21일

Tridge summary

U.S. almond production is projected to increase by 13% to 1.3 million tons due to more trees per acre and improved yield per tree, despite smaller kernel sizes. The expansion in fruit-bearing areas has contributed to a significant increase in production. Similarly, Australia's almond production is expected to rise by 4% to a record 160,000 tons, with exports also expected to increase by 4%. The European Union's production is forecasted to increase by 11% to 150,000 tons, primarily due to an increase in Spanish production. Global almond imports are anticipated to grow by 4% to a record 1.1 million tons, driven by demand from the food ingredient, snack, and confectionery industries. India is expected to see a record 3% growth in imports to 180,000 tons, following the removal of retaliatory tariffs on US almonds by the Indian government.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite lower kernel weights and unchanged acreage, U.S. production is forecast to rise 13% to 1.3 million tons, helped by an increase in the number of trees per acre and yield per tree. Previously, the area of almonds bearing fruit in the U.S. continued to expand from 428,000 acres in the 1996/97 season to nearly 1.4 million acres last year. Australia's production is forecast to rise 4% to a record 160,000 tons, with exports expected to rise 4% to 130,000 tons, helped by increased acreage and normal growing conditions. EU production is forecast to rise 11% to 150,000 tons, as an increase in Spanish production offsets a decrease in Italy. Increased acreage in Spain boosted production, but yields per unit area in both Spain and Italy were affected by drought. Imports are forecast to rise 4% to 280,000 tons, driven by demand from the food ingredient, snack, and confectionery industries. In-shell almonds are primarily intended for immediate consumption, while in-shell almonds are ...
Source: Foodmate

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