Global almond production is expected to increase by more than 20%, and US exports to China have almost halved

Published 2025년 5월 7일

Tridge summary

The article provides an overview of the almond production and export dynamics in major almond-producing countries, including the United States, Australia, and Spain, for the 2024/25 season. It highlights changes in production levels and export trends, as well as the influence of weather conditions and international trade agreements.

In the United States, almond production increased by 15% to 1,245,780 tons, but the industry expects similar production levels as the previous season due to challenges like bee health and varied reports from California. Despite these challenges, optimism persists, with strong almond prices predicted for the rest of the season. However, exports to China have seen a significant decrease due to ongoing geopolitical tensions, with India now being the largest market for U.S. almonds.

Australia has experienced a 39% rebound in almond production to 153,550 tons, with exports reaching a record high. This growth is attributed to new trade agreements with China and India and increasing demand in Southeast Asia. Spain also saw an 8% increase in almond production, but future seasons are uncertain due to heavy rainfall in March, which could lead to pest and fungi issues. China's almond production increased by 12% to 16,780 tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

United States: Production increased by more than 10%, and exports to China fell sharply The production of the United States in the 2024/25 season increased by 15% to 1,245,780 tons, but the flowering performance of the new season crops was mixed. The main problems included poor health of bees and differences in reports from various parts of California. The industry generally believes that there is no hope for a good yield, and the new season's production is expected to be the same as the current season. The "Subjective Production Estimate" to be released by the US Department of Agriculture on May 20 will provide clearer guidance. However, rain and snow have caused the reservoir water storage to recover to about 96% (the water level in some parts of southern California remains at 70%). Olam predicts that almond prices will remain strong for the rest of this season. With the recent continued tensions between China and the United States, US almond exports to China have been ...

Source: Foodmate