Australian almond prices rise to the highest level in five years! New season production is expected to be 155,500 tons

Published Feb 20, 2025

Tridge summary

Despite a poor almond harvest in 2023 due to severe September frosts, Australia saw a significant increase in production in 2024 with the addition of 20,000 hectares of plantings between 2017 and 2019. The 2025/26 season is expected to perform well due to high almond prices, which have been at their highest in five years. The harvest season has been relatively dry, improving fruit quality and resulting in larger kernels. Australian almond sales exceeded official harvests, reaching a record 158,339 tons, and exports to China, in particular, saw significant growth, increasing by 381% from December 2023.

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

Original content

He noted that many areas suffered severe frosts in September after the flowering period, and that Australia's almond harvest in 2023 was poor, but production in 2024 saw a significant increase. An additional 20,000 hectares of plantings in 2017, 2018 and 2019 will help increase national crop production this year. Jackson said that almond prices are probably at their highest level in five years, so they expect excellent performance in the 2025/26 season. All major growing areas are harvesting, and the harvest season has been relatively dry since the beginning, except for a few storms over the weekend, and some growers are more cautious than usual. The harvest often starts two weeks earlier. Dry harvesting conditions help improve the quality of shelled fruit this season, and growers also expect larger kernels. As of the end of December last year, Australian almond sales had exceeded official harvests, reaching a record 158,339 tons, with export demand driven by China and India ...

Source: Foodmate