U.S. almond exports hit record $1.1B in tandem with rising output

IndexBox has just published a new report: ‘U.S. – Almonds – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tonnes. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume. In 2020, U.S. shipments abroad of almonds increased by 38% to 296K tonnes (IndexBox estimates), rising for the second consecutive year after two years of decline. In value terms, almond exports totaled $1.1B in 2020. Related Content: India (218K tonnes) was the main destination for almond exports from the U.S., accounting for a 74% share of total exports. Moreover, almond exports to India exceeded the volume sent to the second major destination, China (32K tonnes), sevenfold. The third position in this ranking ...