News

Australian almond production has increased significantly and is expected to reach 165,000 tons

Almond Kernel
Australia
Market & Price Trends
Published Jan 30, 2024

Tridge summary

The Australian Almond Association has forecasted a significant increase in the country's almond kernel production for the upcoming season, with an expected output of 164,700 tons. This is due to improved weather conditions compared to the previous season. The association also anticipates that the annual almond output will surpass 200,000 tons within the next 3-5 years. To support this growth, investments are being made to expand production capacity, including a new facility with a capacity of 17,500 tons. Efforts are also underway to boost demand for Australian almonds in high-value export markets such as China, India, Europe, the UK, the Middle East, and Southeast Asia.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Australian Almond Association, the Australian almond harvest is about to begin. A few growers have begun harvesting recently, and production is expected to increase in the coming weeks. The association's forecast shows that Australia's almond kernel production will reach 164,700 tons this season. Last season, Australia was affected by severe weather conditions, and the output was only 60% of this season's forecast output. Currently, orchards in Australia's five growing regions Yields have returned to average levels, and it is expected that Australia's annual almond output will exceed 200,000 tons in the next 3-5 years. Due to expected increases in production, the Australian almond industry will need more processing capacity and more investment will be needed to expand production capacity in the coming years. A new 17,500 ton capacity facility is currently being built at Murray Downs near Swan Hill and is expected to be completed in 4 Completion was completed in ...
Source: Guojiguoshu
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