Overview of the global almond market, the second half of 2022

EastFruit analysts have prepared an overview of the almond market in the main producing countries. Australia takes the lead from the US in the Chinese market In November, Australia increased exports of almonds by 37% and reached a volume of 9.3 thousand tons (kernel and unshelled almonds). This is a record November export since 2012. Moreover, the previous four months - from August to September 2022 - were also record-breaking for Australian exports. The rapid growth was driven by growth in exports to China, which grew by 90% to almost $100 million. China accounts for 83% of Australia's almond exports. The importance of Australia in the Chinese market has also grown - now the share of Australian imports is about 60% ($190 million), while the United States is losing ground - imports to China over the period under review decreased by 20% or $37 million and amounted to $135 million. Thus, Australia occupied a leading position in the Chinese market. USA: logistical chaos Over the past ...