News

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

Almond Kernel
Moldova
Published Dec 22, 2021

Tridge summary

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.

Original content

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 country has dropped below 1,000 hectares. The harvest of export-quality products is unlikely to exceed 500-600 tons (weight of fruits in shell). Read also: Moldova will receive a grant of $ 3.1 million for the development of sustainable agriculture The second factor is that differentiation is increasing in the almond segment of the nut industry: no more than a dozen relatively large farms work for export, and up to hundreds of small and smallest producers work for the ...
Source: Eastfruit
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