Australia and Oceania: Almond Market 2025

Almond Market Size in Australia and Oceania

The almond market in Australia and Oceania shrank modestly to $X in 2021, dropping by -1.6% against the previous year. The total consumption indicated a prominent 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. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Almond Production in Australia and Oceania

In value terms, almond production skyrocketed to $X in 2021 estimated in export price. The total production indicated buoyant 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 most prominent rate of growth was recorded in 2013 with an increase of 89% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Australia (X tons) remains the largest almond producing country in Australia and Oceania, comprising approx. 100% of total volume.

In Australia, almond production increased at an average annual rate of +7.9% over the period from 2012-2021.

In 2021, the average almond yield in Australia and Oceania fell to X tons per ha, approximately reflecting 2020. The yield figure increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 35%. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of almonds production in Australia and Oceania reduced slightly to X ha, which is down by -1.8% on the previous year's figure. The total harvested area indicated a moderate increase from 2012 to 2021: its figure increased at an average annual rate of +4.5% over the last nine-year period. 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 pace of growth appeared the most rapid in 2019 with an increase of 21% against the previous year. The level of harvested area peaked at X ha in 2020, and then dropped in the following year.

Almond Exports

Exports in Australia and Oceania

In 2021, the amount of almonds exported in Australia and Oceania skyrocketed to X tons, growing by 65% on the previous year's figure. In general, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, almond exports skyrocketed to $X in 2021. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 85%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Australia (X tons) represented the largest exporter of almonds in Australia and Oceania, committing 99.9% of total export.

Australia was also the fastest-growing in terms of the almonds exports, with a CAGR of +15.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest almond supplier in Australia and Oceania.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +14.3%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, increasing by 11% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25%. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -0.7% per year.

Almond Imports

Imports in Australia and Oceania

After three years of growth, overseas purchases of almonds decreased by -49.2% to X tons in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 190% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, almond imports reduced remarkably to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 219%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

New Zealand was the largest importer of almonds in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. 55% of total imports in 2021. It was distantly followed by Australia (X tons) and Fiji (X tons), together constituting a 41% share of total imports. American Samoa (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by American Samoa (with a CAGR of +221.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, New Zealand ($X) constitutes the largest market for imported almonds in Australia and Oceania, comprising 60% of total imports. The second position in the ranking was held by Australia ($X), with a 22% share of total imports. It was followed by Fiji, with a 13% share.

From 2012 to 2021, the average annual growth rate of value in New Zealand was relatively modest. In the other countries, the average annual rates were as follows: Australia (-3.5% per year) and Fiji (+39.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, increasing by 8.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 19%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Fiji ($X per ton), while American Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+2.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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