Zimbabwe's macadamia exports reach five-year peak

Published 2024년 11월 28일

Tridge summary

The article highlights a dramatic decrease in the price and revenue of macadamia nuts, with the price dropping by 62% from US$2.91 to US$1.09 per kilogram, and revenue falling by 39% from US$13.72 million to US$8.35 million between 2020 and the current season. This decline is primarily attributed to an oversupply in the European and American markets, resulting in prices reaching their lowest in the past 20 years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the significant increase in export volume, the price of macadamia nuts (unpeeled) fell from US$2.91 per kilogram in 2020 to US$1.09, a decrease of 62%; macadamia nut revenue fell from US$13.72 million in 2020 to US$8.35 million, a decrease of 39%. In the 2022/23 season, macadamia nut ...
Source: Foodmate

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.