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United Kingdom - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Almond Market Overview 2021

Almond Market Size in the UK

The UK almond market skyrocketed to $X in 2020, rising by X% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Almond Production in the UK

In value terms, almond production soared to $X in 2020 estimated in export prices. In general, production saw a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The average yield of almonds in the UK amounted to X kg per ha in 2020, leveling off at the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of almonds in the UK amounted to X ha, remaining constant against 2019. In general, the harvested area recorded a relatively flat trend pattern.

Almond Exports

Exports from the UK

In 2020, overseas shipments of almonds decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, almond exports reduced sharply to $X in 2020. Overall, exports, however, saw a pronounced decline. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Ireland (X tonnes) was the main destination for almond exports from the UK, accounting for a X% share of total exports. Moreover, almond exports to Ireland exceeded the volume sent to the second major destination, Sweden (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Ireland amounted to +X%.

In value terms, Ireland ($X) remains the key foreign market for almond exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Ireland was relatively modest.

Export Prices by Country

In 2020, the average almond export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Sweden ($X per tonne), while the average price for exports to Ireland stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Almond Imports

Imports into the UK

In 2020, overseas purchases of almonds were finally on the rise to reach X tonnes after three years of decline. In general, imports, however, continue to indicate a perceptible curtailment. Over the period under review, imports reached the maximum at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, almond imports skyrocketed to $X in 2020. Over the period under review, imports, however, posted a modest expansion. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main suppliers of almond imports to the UK, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest almond suppliers to the UK were Spain ($X), the U.S. ($X) and France ($X), together comprising X% of total imports.

In terms of the main suppliers, Spain (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average almond import price amounted to $X per tonne, remaining stable against the previous year. In general, the import price continues to indicate a noticeable increase. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for almonds in the world?
+
The country with the largest volume of almond consumption was the U.S. (1.7M tonnes), comprising approx. 48% of total volume. Moreover, almond consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Spain (364K tonnes), fivefold. India (218K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of almonds in the world?
+
The U.S. (2M tonnes) remains the largest almond producing country worldwide, accounting for 56% of total volume. Moreover, almond production in the U.S. exceeded the figures recorded by the second-largest producer, Spain (358K tonnes), sixfold. Iran (179K tonnes) ranked third in terms of total production with a 4.9% share.
What are the leading suppliers of almonds to the UK?
+
In value terms, the largest almond suppliers to the UK were Spain ($1.7M), the U.S. ($1.1M) and France ($58K), together comprising 94% of total imports.
What are the leading importers of almonds from the UK?
+
In value terms, Ireland ($238K) remains the key foreign market for almond exports from the UK, comprising 82% of total exports. The second position in the ranking was occupied by Sweden ($29K), with a 10% share of total exports.
What is the average export price for almonds in the UK?
+
In 2020, the average almond export price amounted to $4,815 per tonne, with a decrease of -4% against the previous year.
What is the average import price for almonds in the UK?
+
In 2020, the average almond import price amounted to $6,981 per tonne, stabilizing at the previous year.

Product coverage:
• FCL 221 - Almonds

This report provides an in-depth analysis of the almond market in the UK. 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 2025.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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