The Australian Stone Fruit Annual Report by the USDA predicts that Australian peach and nectarine production will increase to 90,000 tons in the 2023/24 season, with exports expected to increase by 40% to 14,000 tons. Positive factors such as favorable weather conditions and alleviation of labor shortages are contributing to optimistic production forecasts. Trade tensions between Australia and China have eased, leading to expectations of increased exports to China, which has been the main destination for Australian peach exports.