W7 Macadamia Update: Global In-Shell Macadamia Nut Supply Expected to Grow by 11% Annually, China Emerges as a Leading Producer and Consumer of Macadamia Nuts, and South African Farmers Advised to Prepare for Drier Weather

Published 2024년 2월 23일

In W7 in the macadamia landscape, the global in-shell macadamia nut supply is expected to grow by an average of 11% annually until 2027. Notably, China has become a leading macadamia producer and consumer, and the WMO actively promotes macadamia nuts in the Chinese market. In addition, Macadamia nut farmers in South Africa are being advised to prepare for the drier weather and high temperatures expected during mid-summer due to the El Niño phenomenon. Lastly, the South African macadamia industry experienced a significant shift with MSM’s launch of an online trading platform that aims to promote self-regulation and free market participation.

Global Macadamia Nut Supply Expected to See 11% Annual Growth Until 2027

According to the Produce Report, global in-shell macadamia nut supply is expected to see an average of 11% annual growth until 2027. Notably, China has become a leading macadamia producer in recent years, with acreage and production in Yunnan and Guangxi provinces increasing yearly. Recognizing China's significance, the World Macadamia Organization (WMO) is actively promoting macadamia nuts in the Chinese market, launching various activities to educate consumers on the nuts' nutritional value and health benefits.

South African Macadamia Nut Farmers Advised to Prepare for High-Temperatures Due to El Niño

According to local experts, macadamia nut farmers in South Africa should be prepared for high temperatures in mid-summer due to the El Niño phenomenon. The drier weather brought on by El Niño could significantly impact their orchards. To mitigate the effects, experts recommend building a mulch layer in the orchard early to protect the soil and ensure enough organic material is present. High temperatures during low rainfall could spell disaster, but early preparation and understanding of water management can help mitigate the risks and provide relief.

MSM Launches Online Trading Platform for South African Macadamia Industry

On February 15, 2024, the South African macadamia industry underwent a dramatic change with the launch of an online trading platform by Macadamia Services Management (MSM). The platform is expected to transform the sector by promoting self-regulation and free market participation. MSM aims to stimulate organic growth in the macadamia industry by offering a fair and open platform that encourages market participation without imposing artificial constraints.