Report Update Feb 1, 2025

Puerto Rico - Almonds - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Almond Market 2025

Almond Exports

Exports by Country

In 2021, the United States (X tons) represented the largest exporter of almonds, making up 71% of total exports. It was distantly followed by Australia (X tons), Portugal (X tons) and Benin (less than X tons), together achieving a 20% share of total exports. The following exporters - Spain (X tons) and Hong Kong SAR (X tons) - each amounted to a 5.7% share of total exports.

Exports from the United States increased at an average annual rate of +3.2% from 2012 to 2021. At the same time, Spain (+47.1%), Portugal (+23.8%) and Australia (+15.0%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +47.1% from 2012-2021. By contrast, Hong Kong SAR (-21.5%) and Benin (-62.5%) illustrated a downward trend over the same period. While the share of the United States (+11 p.p.), Australia (+9 p.p.), Portugal (+5.7 p.p.) and Spain (+2.8 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Benin (-5.2 p.p.) and Hong Kong SAR (-25 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest almond supplier from Puerto Rico, comprising 74% of global exports. The second position in the ranking was held by Australia ($X), with a 13% share of global exports. It was followed by Spain, with a 3.9% share.

In the United States, almond exports expanded at an average annual rate of +3.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Australia (+14.3% per year) and Spain (+47.8% per year).

Almond Imports

Imports by Country

India represented the largest importing country with an import of around X tons, which accounted for 55% of total imports. China (X tons) held the second position in the ranking, distantly followed by Spain (X tons) and Vietnam (X tons). All these countries together took near 27% share of total imports. Hong Kong SAR (X tons), the United Arab Emirates (X tons) and Turkey (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +11.6% from 2012 to 2021. At the same time, China (+44.5%), Spain (+24.8%) and the United Arab Emirates (+7.2%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +44.5% from 2012-2021. By contrast, Turkey (-8.1%), Hong Kong SAR (-16.5%) and Vietnam (-33.0%) illustrated a downward trend over the same period. India (+28 p.p.), China (+18 p.p.) and Spain (+6.3 p.p.) significantly strengthened its position in terms of the global imports, while Turkey, Vietnam and Hong Kong SAR saw its share reduced by -3.4%, -22.8% and -24.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported almonds into Puerto Rico, comprising 57% of global imports. The second position in the ranking was taken by China ($X), with an 18% share of global imports. It was followed by Hong Kong SAR, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value in India amounted to +10.7%. In the other countries, the average annual rates were as follows: China (+49.2% per year) and Hong Kong SAR (-14.6% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for almonds in the world?

The United States remains the largest almond consuming country worldwide, accounting for 49% of total volume. Moreover, almond consumption in the United States exceeded the figures recorded by the second-largest consumer, Spain, fivefold. India ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of almonds in the world?

The United States constituted the country with the largest volume of almond production, accounting for 55% of total volume. Moreover, almond production in the United States exceeded the figures recorded by the second-largest producer, Spain, sixfold. Australia ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of almonds to Puerto Rico?

In value terms, India constitutes the largest market for imported almonds into Puerto Rico, comprising 62% of global imports. The second position in the ranking was occupied by China, with a 9.7% share of global imports. It was followed by Hong Kong SAR, with a 5.1% share.

What are the leading importers of almonds from Puerto Rico?

In value terms, the United States remains the largest almond supplier from Puerto Rico, comprising 74% of global exports. The second position in the ranking was occupied by Australia, with a 13% share of global exports. It was followed by Spain, with a 3.9% share.

What is the average export price for almonds in Puerto Rico?

The almond export price in Puerto Rico stood at $less than 0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for almonds in Puerto Rico?

In 2021, the almond import price in Puerto Rico amounted to $less than 0.1 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the almond market in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024