U.S. - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Prices in the United States
U.S. Almond Export Price per Ton in August 2022
In August 2022, the almond price per ton amounted to $4.1K (FOB, US), waning by -6.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 5.2% m-o-m. The export price peaked at $4.4K per ton in July 2022, and then fell in the following month.
Average prices varied noticeably for the major foreign markets. In August 2022, the countries with the highest prices were Turkey ($4.4K per ton) and Hong Kong SAR ($4.1K per ton), while the average price for exports to the United Arab Emirates ($3.9K per ton) and India ($3.9K per ton) were amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
U.S. Almond Exports
In August 2022, almond exports from the United States skyrocketed to 18K tons, jumping by 18% on July 2022. In general, exports, however, showed a slight descent. The pace of growth was the most pronounced in June 2022 with an increase of 24% m-o-m. As a result, the exports attained the peak of 31K tons. From July 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, almond exports expanded significantly to $73M (IndexBox estimates) in August 2022. Over the period under review, exports, however, showed a mild contraction. The pace of growth appeared the most rapid in June 2022 when exports increased by 30% month-to-month. As a result, the exports attained the peak of $134M. From July 2022 to August 2022, the growth of the exports remained at a lower figure.
U.S. Almond Exports by Country
India (13K tons) was the main destination for almond exports from the United States, with a 73% share of total exports. Moreover, almond exports to India exceeded the volume sent to the second major destination, China (1.2K tons), more than tenfold. Hong Kong SAR (548 tons) ranked third in terms of total exports with a 3.1% share.
From January 2022 to August 2022, the average monthly growth rate of volume to India totaled -2.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (+4.8% per month) and Hong Kong SAR (+24.2% per month).
In value terms, India ($50M) remains the key foreign market for almond exports from the United States, comprising 69% of total exports. The second position in the ranking was taken by China ($4.8M), with a 6.6% share of total exports. It was followed by Hong Kong SAR, with a 3.1% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value to India amounted to -3.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (+7.3% per month) and Hong Kong SAR (+22.1% per month).
This report provides an in-depth analysis of the almond market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In August 2022, the almond price per ton amounted to $4,103, declining by -6.3% against the previous month.
2143
In May 2022, the almond price per ton amounted to $4,036 (FOB, US), surging by 4.7% against the previous month.
852
U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tons. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume.
176
Export of nuts, in terms of value, decreased to $221M in July 2023.
917
In December 2022, the pistachio price stood at $7,586 per ton (FOB, US), increasing by 2.2% against the previous month.
512
In August 2022, the pistachio price per ton stood at $7.5K (FOB, US), increasing by 6.9% against the previous month.
1253
The pistachio price per ton stood at $7,352 (FOB, US) in May 2022, falling by -3.1% against the previous month.
812
In 2021 production of pistachios in the U.S. will break previous years’ records thanks to large yields and an increase in the bearing average. This will enable an expansion of exports, primarily to the EU and China, and retaining stable prices on the domestic market. Heading into 2022, the U.S. will strengthen its position in the global market as its closest competitor, Iran, faces a lower yield that will cause it to deplete its pistachio reserves.
493
The average import areca nut price per ton stood at $9,633 in Apr 2022, which is down by -25% against the previous month.
405
In June 2022, the chestnut price per tonamounted to $5,942 per ton, which is down by -46.1% against the previous month.
