Spain: The almond production decreased

Published Nov 3, 2022

Tridge summary

Last year, Spain's almond production saw a 20% increase from the average of the previous five years, but the harvest of 370,000 tons was still lower than in 2020 due to April frost. The country exported 110,000 tons of almonds, including re-exports of peeled almonds from the U.S., until September. However, due to spring frosts and dry weather in 2022, almond production is projected to decrease by 43%, with only 209,000 tons expected. The U.S., the world's second-largest almond producer, is also expected to see a decrease in production by 11% compared to last year and 16% compared to 2020. The starting prices for this season show an upward trend, despite low demand so far, and wholesalers in Uzbekistan are offering peeled organic almonds on Alibaba at $6-11 per kilo.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last year, the Spanish almond crop was good, 20% higher than the average of the last 5 years. However, the result of 370,000 tons was even lower than in 2020 (-12%), which was due to the April frost. Spain exported 110,000 tons of almonds until September of this year - this includes the re-export of peeled almonds from the United States. (See also in the topic: Without the USA, there wouldn't be enough nuts on the EU market.) In the last sales season, almond prices were higher than the previous year, the highest price was achieved by organic almonds, with a value of over €8/kg. This year, according to the ministry's first preliminary estimates, as a result of the spring frosts and dry weather in 2022, almond production will decrease by 43%, with only 209,000 tons expected. The biggest crop losses are seen in Andalusia (-57%), Valencia region (-55%) and Castile-La Mancha (-40%). The loss is below average in Murcia (-34%) and Aragon (-28%). The first prices of this season show an ...

Source: MezoHir