Global macadamia production increases as exports to China soar

Published Apr 26, 2024

Tridge summary

The World Macadamia Organisation has predicted a global production increase of over 10% for all top macadamia-producing countries in 2024, with global production expected to rise from 298,914 metric tons in 2022 to 319,306 metric tons in 2023, despite a decrease in production in Australia, Kenya, and Guatemala. Despite a drop in China's domestic production, its imports of macadamia nuts, mainly from Kenya, have seen a significant surge. Kenya, the world's third-largest macadamia exporter after Australia and South Africa, has experienced remarkable export growth, with over 93% of its total macadamia output being exported overseas. Despite a decrease in production in 2023, the World Macadamia Organisation anticipates a 12.0% increase in Kenya's macadamia production in 2024, along with a quality improvement, due to plentiful rainfall in the Central Highlands.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Industry data recently released by the World Macadamia Organisation indicate a substantial increase in global production in 2024, with the output of all of the top macadamia-producing countries forecast to grow by more than 10%. Despite declines in Australia, Kenya and Guatemala, the overall global production of macadamia nuts increased from 298,914 metric tons in 2022 to 319,306 metric tons in 2023. In spite of a decrease in China’s domestic macadamia nut production from 62,500 metric tons in 2022 to 56,000 metric tons in 2023, the country’s imports of macadamia nuts, particularly from Kenya, have experienced rapid growth. Data from Chinese customs authorities illustrate this trend. In 2021, China imported approximately 100 metric tons of macadamia kernels from Kenya, valued at 1.65 million Chinese yuan ($228,000), along with 248 metric tons of in-shell macadamia nuts worth 17.45 million yuan ($2.41 million). In 2022, these imports surged to 949 metric tons of macadamia kernels ...
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