USDA: World Almond Production in 2020/21 will increase by 15%

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. Consumption is expected to reach 1.5 million tons, and exports are projected to grow to 951 thousand tons. This growth is due to increased production in the United States, EU, and Australia, with the majority of U.S. almonds (60%) being exported. Additionally, almond imports are anticipated to rise by 15% due to growing demand in the food industry and from health enthusiasts.

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 export will grow by 15% to 951 thousand tons. 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. Import of these nuts to China will grow by 50% to 100 thousand tons. The Covid-19 pandemic in January 2020 led to the closure of many ...

Source: Fruitnews