In 2020/21 global consumption of almonds will reach 1.5 million tons - forecast

Published 2020년 11월 6일

Tridge summary

The United States Department of Agriculture (USDA) has forecasted a 15% increase in global almond production for the 2020/21 season, reaching 1.7 million tons. US almond production is expected to rise by 18% to 1.4 million tonnes, with 60% of these almonds being exported. European almond production is projected to grow by 2% to 140 thousand tons. Due to the Covid-19 pandemic, there has been a surge in the use of almonds in food products, leading to a 15% increase in almond imports, primarily to the EU, China, and India. Australian almond exports are also expected to grow by 31% to 85 thousand tons.

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

Original content

According to forecasts of the United States Department of Agriculture (USDA), global almond production in 2020/21. will increase by 15% compared to the 2019/20 season. up to 1.7 million tons (in terms of peeled almonds). World consumption will reach 1.5 million tons. Almond exports will grow 15% to 951,000 tonnes, FruitNews reports, according to USDA data. Almond production in the United States is expected to increase 18% to 1.4 million tonnes on the back of increased acreage. 60% of grown almonds are destined for export and sales to foreign markets are expected to grow by 13% to 825 thousand tons due to increased supplies to the EU, India and East Asia. In the EU countries, the almond harvest will grow by 2% to 140 thousand tons. Almond imports are expected to increase by 15% to 325,000 tonnes, driven by growing demand from food ingredient, confectionery and health enthusiasts. Read also: Walnuts and hazelnuts have risen in price over the past month, while almonds have become ...

Source: Eastfruit