Global in-shell macadamia production set to near 340,000 tons in 2024

Published 2024년 6월 5일

Tridge summary

The World Macadamia Organisation predicts a 7.5% increase in global macadamia production by 2024, reaching 339,200 metric tons. South Africa is expected to see a 15% increase in in-shell crop size, while China's production is projected to rise by 0.9%. Australia's production is forecast to surge by 16%, and Kenya's by 8.2%. However, the United States, Malawi, and Brazil are expected to see a decline in production by 2024. The article also discusses the impact of rain and prolonged periods of continuous rainfall on macadamia production in Australia and Kenya, respectively. Additionally, the article highlights the growing demand for macadamia nuts in China, especially among younger consumers, and the concerns about the impact of in-shell nut sales on the kernel market.

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

Original content

According to a recent forecast by the World Macadamia Organisation, global in-shell macadamia production is projected to reach 339,200 metric tons (3.5% moisture) in 2024, representing a 7.5% year-on-year increase. On a kernel basis, this corresponds to an estimated 91,860 metric tons. A report from the news and trading platform Mundus Agri indicates that while South Africa, the leading producer, is still in the process of harvesting, the exact figures remain uncertain. Nonetheless, early indications point toward a projected 15% increase in the in-shell crop size, potentially reaching 92,000 metric tons, accompanied by promising nut quality. However, local industry insiders have voiced concerns about the significant amounts of in-shell nuts being sold and the resulting impact on the kernel market. As suppliers prioritize selling in-shell nuts for quick cash, this will inevitably lead to a decrease in the volume available for kernel production. While the flowering conditions for ...

Source: Producereport