Latest Report Update: Oct 6, 2019

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

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Global Almond Market Overview 2019

Almond Market Size

The global almond market revenue amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. In that year, the global almond market reached its peak level and is likely to continue its growth in the immediate term.

Almond Production

In value terms, almond production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when production volume increased by X% year-to-year. In that year, global almond production attained its peak level and is likely to continue its growth in the immediate term.

The U.S. (X tonnes) remains the largest almond producing country worldwide, comprising approx. X% of total production. Moreover, almond production in the U.S. exceeded the figures recorded by the world's second-largest producer, Spain (X tonnes), fourfold. Morocco (X tonnes) ranked third in terms of total production with a X% share.

In the U.S., almond production increased at an average annual rate of +X% over the period from 2013-2018. The remaining producing countries recorded the following average annual rates of production growth: Spain (+X% per year) and Morocco (+X% per year).

Global average almond yield amounted to X tonne per ha in 2018, rising by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 when yield increased by X% year-to-year. The global almond yield peaked in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the global almond harvested area totaled X ha, jumping by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 when harvested area increased by X% y-o-y. The global almond harvested area peaked in 2018 and is likely to continue its growth in the near future.

Production By Country

The U.S. (X tonnes) constituted the country with the largest volume of almond production, accounting for X% of total production. Moreover, almond production in the U.S. exceeded the figures recorded by the world's second-largest producer, Spain (X tonnes), fourfold. Morocco (X tonnes) ranked third in terms of total production with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of volume in the U.S. totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Spain (+X% per year) and Morocco (+X% per year).

Almond Exports

Exports 2007-2018

Global exports amounted to X tonnes in 2018, picking up by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. The global exports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, almond exports stood at $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, global almond exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, the U.S. (X tonnes) was the largest exporter of almonds, generating X% of total exports. China, Hong Kong SAR (X tonnes) occupied an X% share (based on tonnes) of total exports, which put it in second place, followed by Australia (X%) and Benin (X%).

Exports from the U.S. increased at an average annual rate of +X% from 2013 to 2018. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2013-2018. By contrast, Australia (-X%) and Benin (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (+X p.p.) and the U.S. (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2013 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Australia (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

The average almond export price stood at $X per tonne in 2018, approximately equating the previous year. Over the last five years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices for almonds attained their peak figure at $X per tonne in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Australia ($X per tonne), while Benin ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced a decline in the export price figures.

Almond Imports

Imports 2007-2018

In 2018, the global almond imports totaled X tonnes, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. In that year, global almond imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, almond imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, global almond imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

India represented the key importer of almonds in the world, with the volume of imports resulting at X tonnes, which was near X% of total imports in 2018. Viet Nam (X tonnes) ranks second in terms of the total imports with a X% share, followed by China, Hong Kong SAR (X%). The following importers - Turkey (X tonnes), the United Arab Emirates (X tonnes), China (X tonnes) and Spain (X tonnes) - together made up X% of total imports.

From 2013 to 2018, average annual rates of growth with regard to almond imports into India stood at +X%. At the same time, Spain (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2013-2018. Viet Nam experienced a relatively flat trend pattern. By contrast, China (-X%), China, Hong Kong SAR (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. India (+X p.p.) significantly strengthened its position in terms of the global imports, while the United Arab Emirates and China, Hong Kong SAR saw its share reduced by -X% and -X% from 2013 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2013 to 2018, the average annual growth rate of value in India totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and China, Hong Kong SAR (-X% per year).

Import Prices by Country

The average almond import price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. In that year, the average import prices for almonds attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for almonds remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in India ($X per tonne) and China ($X per tonne), while Spain ($X per tonne) and Viet Nam ($X per tonne) were amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 221 - Almonds

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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

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
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007–2018
Table 7:
Yield, By Country, 2007–2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007–2018
Figure 25:
Yield, By Country, 2007–2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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