Exports of nuts from Chile would increase in the 2020/21 campaign

Raw Walnut

Almond Kernel

Chile

Published Oct 16, 2020

Tridge summary

It is expected that during the 2020/21 marketing season of almonds, 11 thousand tons will be produced, with exports reaching 9,500 tons. The foregoing provided that the planted area is maintained, with higher yields due to favorable weather conditions and a recovery in the markets after the COVID-19 pandemic.

Original content

The USDA report further indicated that during the winter of 2020/21 there were abundant rains during June and July, which helped to overcome the water deficit experienced by almond production the previous year. In the 2019/20 marketing year, Chilean almond exports to Russia and Brazil, Chile's two main export markets for almonds, fell 65.8% and 70.7% respectively. However, almond exports to Argentina, the third largest export destination, increased 116.3%. On the other hand, walnut production is expected to reach 158,000 tons; and exports will reach 155,000 tons. This is a 29.2% increase over the previous business year, after the increase in the planted area, favorable weather conditions and a rebound in the demand for walnuts. In the 2019/20 marketing season, Chilean almond imports increased by 40.5% in volume and 37.7% in value compared to the 2018/19 campaign. In addition, they estimate 158,000 tons of walnut production for the 2020/21 marketing season, an increase of 26.4% ...

Source: ClPortalFrutiCola