The report submitted by Land IQ to the Almond Board of California predicts a decline in almond planting area in California in 2023 for the second consecutive year, with a reduction of approximately 74,000 acres. Despite this decrease, the almond production in California has increased slightly by 1.5% in the 2023/24 season, reaching the third highest production record in history. However, exports are expected to decrease by about 3% to 4%, with the United States facing a declining market share in China due to retaliatory tariffs.