Tridge summary
The US almond industry is targeting new and existing markets for export growth, including Italy, Bulgaria, and India. The Almond Board of California has been working with the USDA’s Foreign Agricultural Service to open and expand these markets. India is already the top export market for US almonds and is expected to reach a value of US$1bn in 2024, in part due to the industry's long-term commitment, promotions, and investment in nutrition research in India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The US almond industry has identified several new and existing markets ripe for growth as it looks to diversify exports. The industry, led by peak body Almond Board of California, has been working with the USDA’s Foreign Agricultural Service (FAS) to open and expand markets for export. “Recently FAS identified fresh market opportunities in Italy and Bulgaria. Through its close partnerships with US co-operators, including the Almond Board of California, and foreign buyers, California almond exports to Italy and Bulgaria in 2024 are expected to grow by millions of dollars,” a USDA press release said. India is another market the industry has identified for growth. It is already the top export market for US almonds and last year it removed retaliatory tariffs on US almonds and other products. Julie Adams, vice president of global technical and regulatory affairs for the Almond Board of California, said the impact of removing that trade barrier is already being seen in the export ...
Source: Fruitnet
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