Australia: Almond Market 2025

Almond Market Size in Australia

The Australian almond market fell modestly to $X in 2021, waning by -1.6% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Almond Production in Australia

In value terms, almond production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -14.3% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by 89% against the previous year. Almond production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

The average yield of almonds in Australia declined to X tons per ha in 2021, almost unchanged from the year before. The yield figure increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. The almond yield peaked at X tons per ha in 2017; however, from 2018 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The almond harvested area in Australia declined to X ha in 2021, with a decrease of -1.8% against the year before. In general, the total harvested area indicated a tangible expansion from 2012 to 2021: its figure increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond harvested area increased by +35.0% against 2013 indices. The most prominent rate of growth was recorded in 2019 with an increase of 21%. The almond harvested area peaked at X ha in 2020, and then shrank slightly in the following year.

Almond Exports

Exports from Australia

In 2021, approx. X tons of almonds were exported from Australia; jumping by 65% on the previous year's figure. Overall, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, almond exports soared to $X in 2021. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 85%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) and India (X tons) were the main destinations of almond exports from Australia.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +119.9%).

In value terms, China ($X) and India ($X) were the largest markets for almond exported from Australia worldwide.

Among the main countries of destination, China, with a CAGR of +115.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average almond export price amounted to $X per ton, growing by 11% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 25% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.2%).

Almond Imports

Imports into Australia

In 2021, after four years of growth, there was significant decline in overseas purchases of almonds, when their volume decreased by -77.9% to X tons. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 179%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, almond imports contracted significantly to $X in 2021. Over the period under review, imports showed a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of 276%. Imports peaked at $X in 2020, and then contracted dramatically in the following year.

Imports by Country

Afghanistan (X tons), the United States (X tons) and Pakistan (X tons) were the main suppliers of almond imports to Australia.

From 2012 to 2021, the biggest increases were in Afghanistan (with a CAGR of +70.8%), while purchases for the other leaders experienced a decline.

In value terms, Afghanistan ($X), the United States ($X) and Pakistan ($X) appeared to be the largest almond suppliers to Australia.

In terms of the main suppliers, Afghanistan, with a CAGR of +62.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average almond import price amounted to $X per ton, falling by -16.6% against the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 83% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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