Almonds fell in price in Moldova but the price level is still high

Published 2021년 12월 21일

Tridge summary

The average wholesale price for inshell almonds in Moldova has dropped by 5 lei / kg to 170 lei / kg ($ 9.71 / kg), due to a decrease in production and low demand. The reduction in almond production is attributed to spring frosts, which have led to the uprooting of old plantations and the failure to plant new ones. As a result, the country's fruiting almond plantation area has dropped below 1,000 hectares, and the harvest is expected to be no more than 500-600 tons. Additionally, the price drop is due to low demand for almond kernels in Moldova and the export of the majority of almonds to Italy, Spain, and Turkey through a few contracts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From mid-December to the present moment in Moldova, the average wholesale price for inshell almonds dropped by 5 lei / kg - to 170 lei / kg ($ 9.71 / kg). However, the price is still slightly higher than the December level last year (160 lei / kg, $ 9.2 / kg). At first glance, the situation seems strange if we take into account the fact that prices for all other nut crops, especially walnuts, have been growing for more than a month and are at almost record levels. However, according to the UAPCN, the Union of Association of Walnut Crops of Moldova, when assessing the situation in the local almond market, several important factors should be taken into account. The first is the downward dynamics of almond production in the country. Due to the spring frosts of the last few years, the process of uprooting old almond plantations has accelerated, while young plantations are almost never laid. This year, according to expert estimates, the area of fruiting almond plantations in the ...
Source: Eastfruit

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