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World - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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World - Almonds - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Aug 13, 2019

Global Almond Market 2019 - After Five Years of Robust Growth of In-Shell Nut Imports, India Emerges as the Most Promising Market

IndexBox has just published a new report: 'World - Almonds - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global almond market revenue amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the almond consumption increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2011, when the market value increased by X% against the previous year. Global almond consumption peaked in 2018, and is likely to continue its growth in the immediate term.

Production 2007-2018

Global almond production stood at X tons in 2018, rising by X% against the previous year. The total output volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2011, when the output figure increased by X% year-to-year. Global almond production peaked in 2018, and is expected to retain its growth in the near future. The general positive trend in terms of almond output was largely conditioned by a measured increase of the harvested area and a slight growth in yield figures.

Exports 2007-2018

Global exports totaled X tons in 2018, coming down by -X% against the previous year. Overall, the total exports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, almond exports amounted to $X (IndexBox estimates) in 2018.

Exports by Country

In 2018, the U.S. (X tons) represented the major exporter for almonds, generating X% of total exports. China, Hong Kong SAR (X tons) ranks second in terms of the total exports with a X% share, followed by Australia (X%) and Benin (X%). The United Arab Emirates (X tons) followed a long way behind the leaders.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Australia (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. Benin and China, Hong Kong SAR experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S. and Australia increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest almond supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

Export Prices by Country

The average almond export price stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. In general, the export price indicated remarkable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the almond export price decreased by -X% against 2015 indices. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Australia ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. X tons of almonds were imported worldwide; going down by -X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure. In value terms, almond imports totaled $X (IndexBox estimates) in 2018. Overall, almond imports, however, continue to indicate remarkable expansion. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, global almond imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, India (X tons) represented the key importer for almonds, making up X% of total imports. It was distantly followed by Vietnam (X tons), China, Hong Kong SAR (X tons) and China (X tons), together committing X% share of total imports. The following importers - the United Arab Emirates (X tons), Japan (X tons) and Spain (X tons) - each amounted to a X% share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), China, Hong Kong SAR (+X%), Spain (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, Vietnam (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), China, Hong Kong SAR (+X p.p.) and China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Vietnam (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported almonds worldwide, comprising X% of global imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

Import Prices by Country

The average almond import price stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the almond import price continues to indicate strong growth. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Japan ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global almond market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 221 - Almonds

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Treehouse California Almonds, The Almond Company, Minturn Nut Company, JSS Almonds, BAPU Almonds, Blue Diamond Growers, Bermar Fruits, JD Almond Farms, RPAC Almonds, South Valley Farms, Monte Vista Farming Company, Farmers International, Royal Nut Company, Coato, Big Tree Organic Farms, Mandelin Almonds, Bizim Anadolu Tarim, Milis Fruit Nut Nursery, Hn Agro Orsus Kft., Green Desert Llc, Garden House Limited

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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