Australia: Macadamias look to India for export growth

A MUMBAI Macadamia Festival is just one of the ideas pitched to help get more Australian macadamias into Indian mouths. The Australian macadamia industry has its eyes firmly set on India as the next major export destination. Australia recently ratified an interim Indian free trade agreement and the two nations are pushing to finalise a full deal by the end of the year. While it currently sits at 21 per cent, the trade tariff with India will incrementally decrease to 0pc from 2028 onwards for macadamia nuts. With a population of 1.38 billion, there is good reason to entice consumers to embrace the Australian native nut. Australian Macadamia Society marketing manager, Jacqui Price, spoke at Hort Connections 2023 in June about the industry's experience making inroads to India. She said Australia was expected to reach 80,000 tonnes in production by 2030. The rise in output also coincides with a rising global supply with the world crop forecasted to double. Macadamias boast a farmgate ...