ALMOND
INSIGHTS
2013-14
Acknowledgements
The Almond Board of Australia wishes to extend appreciation to all industry members who have
participated in the ABA’s data collection activities.
This process was partially funded by the Australian Government through Horticulture Australia
Limited.
For further information contact:
ALMOND BOARD OF AUSTRALIA
PO Box 2246, BERRI SA 5343 Australia
T +61 8 8582 2055
E [email protected]
www.australianalmonds.com.au
Adelaide
Sunraysia
Riverland
Riverina
Contents
The Australian almond industry is Australia’s most valuable horticultural export industry. During
2013 almonds became the first Australian horticultural product to have annual export sales in
excess of $300 million. The industry’s sales on the domestic market also increased. The Australian
almond industry has come a very long way in a short period of time. In the past decade: the orchard
area planted to almonds has increased from 9,932 Hectares to 28,586 Hectares; production
has increased from 11,743 tonnes to 73,361 tonnes; domestic consumption has doubled to
0.9 kilograms per person; and export sales have climbed from $82 million to $309 million per
calendar year.
The Almond Board of Australia (ABA) is guiding the industry’s development by producing and
implementing the strategic plan that involves addressing productivity issues such as: input
cost and efficiency; yield improvement and risk management; building domestic consumption;
product value; and brand awareness of Australian almonds in export markets. The ABA also aims
to facilitate an enhanced operating environment for industry stakeholders by providing advocacy
on industry wide issues.
To achieve these strategies, the ABA relies on funding for specific projects from the R&D levy
administered and matched by the Commonwealth via Horticulture Australia Ltd (HAL). The
HAL almond R&D plan and resulting projects deliver the outputs of knowledge and technology
required by the ABA to implement the industry’s strategic plan.
Information contained in this booklet provides industry stakeholders, government and those in
the broader community with key statistics on the productive capacity, crop, markets and demand
for Australian almonds.
Executive Summary
4
Our Board
5
Plantings6
Production9
Sizing11
Consumption12
Exports13
Foreign Exchange
15
Global16
Almond Marketers
19
The booklet is prepared on a marketing year basis spanning March 2013 to February 2014 and is
based on data provided by growers, processors and marketers. Information is also sourced from
the Australian Bureau of Statistics (ABS), International Nut and Dried Fruit Council (INC), United
States Department of Agriculture (USDA) and the Almond Board of California (ABC). The ABA
acknowledges and appreciates the assistance of those involved.
Page|3
Executive Summary
2013/14 has been described as the year the Australian almond industry came of age. Australia is
now clearly the second largest producer of almonds with the 2013 crop being significantly larger
than that grown in Spain. Our crop increased nearly 50% to 73,361 tonnes, moving industry
tonnage toward 90,000 tonnes, believed to be the productive capacity of current orchard
plantings once trees are mature.
Export sales during our marketing year, which runs from March 2013 to February 2014, increased
58% in volume whilst the value of exports as recorded by the Australian Bureau of Statistics rose
from $156 million to $370 million. Australian marketers made sales to 49 countries, with India
topping the list with export sales in excess of $100 million.
The domestic market grew 3%, consolidating the previous year’s gain of 20%. In total, the
marketers of Australian almonds made sales in excess of $500 million on the domestic and
international markets. During the year, the average monthly export price for Australian almonds
rose from $5.20/kg in February 2013 to $8.12/kg in February 2014.
It is interesting to note that domestic sales of Australian almonds grew by 9% last year, offsetting
a fall in imported product. In terms of total domestic sales, last year’s 20,802 tonnes represented
a 33% increase on the 15,631 tonnes of three years ago.
The severe drought in the Californian central valley has been a key driver of increased world
prices. Australian returns from export sales have also benefited from the lower Australian dollar.
4|Page
Looking to the year ahead, the marketing year has started with prices higher than the same time
last year. World demand has now surpassed world production, and sales volumes are being
constrained by the availability of almonds. This had been predicted based on historical sales
growth and the tailing off of plantings, in percentage terms, in both the USA and Australia over
the past few years. Effectively, the global market has increased on average by more than the
current size of the Australian industry each year for the past decade.
The Californian water and land situation has also created renewed interest from overseas
investors looking to purchase Australian almond orchards and also develop new plantings. There
has also been interest from Australian investors and from growers looking to exit unprofitable
horticultural crops. Budwood sales have jumped and this year equates to enough trees to plant
an orchard area of 1,000 hectares. It is expected that demand for nursery trees will continue to
grow.
Crop estimates for 2014 are for a smaller crop than in 2013, with 70,000 tonnes being the current
forecast. With some carryover from the 2013 crop, the available supply of Australian almonds
this year will be similar to last. The value of sales by the Australian industry is therefore likely to
grow given the higher world price and the slightly smaller Californian crop predicted this year.
Neale Bennett
Chair
Ross Skinner
CEO
Our Board
The ABA Board comprises four Marketing Directors and six Grower Directors: two representatives from both the Riverland and Sunraysia regions and one representative from both the
Adelaide and Riverina regions. Directors are elected at the ABA Annual General Meeting by Grower Members for a two-year appointment.
The ABA Board meets on a quarterly basis to guide the management and performance of the organisation. The Board represents the national interests of the industry’s producers,
processors and marketers, providing strategic direction for the industry and its research and development program that supports the implementation of the industry plan. The Board is
responsible for the governance of the organisation and the investment of ABA funds in the R&D, marketing and administrative programs.
The information contained in this document assists in the planning and execution of the ABA’s programs to benefit the industry.
Damien Houlahan
Deputy Chairman &
Neale Bennett
Chairman &
Sunraysia Region
Grower Representative
Grant Birrell
Marketing
Representative
Tim Orr
Sunraysia Region
Grower Representative
Ross Skinner
Chief Executive Officer
Marketing
Representative
Domenic Cavallaro
Adelaide Region
Grower Representative
Brendan Sidhu
Riverland Region
Grower Representative
Peter Cavallaro
Riverland Region
Grower Representative
Laurence Van Driel
Marketing
Representative
Denis Dinicola
Riverina Region
Grower Representative
Brenton Woolston
Marketing
Representative
Page|5
Plantings
Commercial almond orchards have been around for over a hundred years, but the industry
expanded with large scale orchards developed in the Riverland and Sunraysia regions during the
1970s and 1980s and more recently in the Riverina. The availability of suitable deep loams close
to the Murray River facilitated the rapid growth of plantings during the early and mid 2000s.
Current Hectares Planted by Region
Adelaide (SA)
717
3%
Sunraysia (VIC)
19,326
68%
Riverland (SA)
5,266
18%
Riverina (NSW)
3,276
11%
The total area planted to almonds has increased from 5,907 hectares in 2001 to 28,586 hectares
in 2013. Annual plantings reached a peak in 2007 when 7,363 hectares were planted. Industry
expansion has slowed in recent years, with a total of 5,514 hectares planted since 2007, of which
only 144 hectares were planted in 2013. The upswing in the global price for almonds during
2013 has generated considerable interest in investing in almond orchards which will likely see
increased plantings occurring in the next few years.
The availability of water, particularly in dry periods, is a limiting factor on the development of
new greenfield orchard developments, as is land near to the river unencumbered by salinity
regulations. Redevelopment of vineyards to almond orchards in community irrigation schemes
is being considered by a number of winegrape growers but economies of scale will need to be
closely examined to determine the viability of small scale almond farms.
Current Hectares Planted by State
NSW
3,365
12%
6|Page
SA
5,440
19%
VIC
19,780
69%
Plantings
Almond trees take three years to bear a crop, and seven to eight years to reach mature
production levels with yields averaging approximately 3.2 tonnes per hectare. With 1,008
hectares or 4% of Australian almond plantings not yet bearing and 33% of bearing trees not yet
fully mature, the industry’s production will continue to trend upwards in coming years regardless
of future plantings.
Australian almond production in 2013 totalled 73,361 tonnes (kernel weight equivalent) and
estimated tonnage for 2014 is 70,000 tonnes.
The annual crop faces risks from: birds and insects; fungal diseases impacting foliage, roots and
fruit; poor cross pollination and rain during harvest. Good orchard management in terms of
irrigation and nutrition are also critical to maximising the potential crop.
Current Almond Plantings by Variety (Hectares)
Variety
Baxendale
Butte
Carmel
Chellaston
Davey
Pre 2002
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
TOTAL Ha
Non
Bearing
Fully
Mature
Maturing
% of
Plantings
44
0
0
0
0
0
0
0
0
0
0
0
0
44
0
0
44
0.2%
0
0
0
0
0
3
40
7
0
0
0
0
0
50
0
47
3
0.2%
1,594
173
473
764
868
1,891
2,306
639
98
205
292
20
52
9,201
364
3,247
5,590
32.2%
19
0
0
0
0
0
0
0
0
0
0
0
0
19
0
0
19
0.1%
3
0
0
0
0
0
0
0
0
0
0
0
0
3
0
0
3
0.0%
Fritz
88
0
0
0
0
0
0
0
0
0
0
0
0
88
0
0
88
0.3%
Johnston
40
0
0
3
0
0
0
0
0
0
0
0
0
43
0
0
43
0.1%
Keane
21
2
17
6
0
4
14
5
2
2
0
0
0
71
0
23
48
0.2%
1
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
1
0.0%
Milo
Mission
Monterey
Ne Plus
Nonpareil
64
0
0
0
0
0
0
0
0
0
0
0
0
64
0
0
64
0.2%
7
7
1
6
15
67
68
18
66
59
115
5
8
435
129
211
95
1.5%
213
0
1
0
0
0
0
0
0
0
0
0
0
214
0
0
214
0.7%
3,234
314
745
1,186
1,352
2,759
3,290
927
220
270
359
31
80
14,453
470
4,706
9,276
50.6%
Other
18
0
0
0
0
0
0
0
3
2
0
0
0
24
0
5
18
0.1%
Padre
0
0
0
0
0
3
39
7
0
0
0
0
0
49
0
46
3
0.2%
Peerless
209
21
27
30
24
54
53
7
3
0
2
0
2
410
3
63
343
1.4%
Price
583
74
228
295
398
728
826
269
13
22
31
5
2
3,401
39
1,131
2,231
11.9%
Somerton
Wood Colony
Total
% by year
13
0
0
2
0
0
0
0
0
0
0
0
0
15
0
0
15
0.1%
0
0
0
0
0
0
0
0
0
0
3
0
0
3
3
0
0
0.0%
6,150
591
1,491
2,291
2,657
5,508
6,636
1,879
405
561
802
62
144
28,586
1,008
9,480
18,097
100%
22%
2%
5%
8%
9%
19%
23%
7%
1%
2%
3%
0%
1%
4%
33%
63%
Note: totals may not add precisely due to rounding.
Page|7
Plantings
Current Plantings by Variety (Hectares)
The large scale of almond orchards and mechanised harvest systems enable production to be
very efficient, with low labour input needs compared to most other horticultural industries.
Peerless
410
1.4%
Trees are mechanically shaken commencing during February and continuing through to April.
The harvested fruit including hull, shell and kernel are stockpiled to await processing to remove
the hull to produce inshell product, or removal of hull and shell to produce kernel. Product that
is damaged during processing can be used to produce a range of natural and blanched products
including slivers, slices, pieces and almond meal.
The majority of almonds are shelled during processing, and the hull and shell are most commonly
used as stock food, compost or mulch. This by-product is also being considered as a potential
bio-fuel source to produce electricity.
Carmel
9,201
32.2%
Monterey
435
1.5%
Nonpareil
14,453
50.6%
Orchard Plantings Bearing Status by Year
Bearing
Other
687
2.4%
Price
3,401
11.9%
Orchard Area Planted by Year
Non-Bearing
8,000
30,000
28,000
7,000
26,000
24,000
6,000
20,000
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
0
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
199 199 199 199 199 199 199 199 199 199 200 200 200 200 200 200 200 200 200 200 201 201 201 201
8|Page
Hectares
Hectares
22,000
5,000
4,000
3,000
2,000
1,000
0
Pre
2
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
200
0
201
1
201
2
201
3
201
Production
Production by Variety (Kernel Tonnes & %)
Variety
2002
Baxendale
Carmel
Chellaston
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
250
3%
221
2%
189
2%
210
1%
163
1%
230
1%
168
1%
173
0%
160
0%
105
0%
21
0%
118
0%
1,577
17%
1,840
18%
2,483
21%
3,807
23%
4,246
27%
7,383
27%
7,996
31%
11,681
32%
10,561
27%
14,091
37%
15,718
32%
26,922
37%
51
1%
43
0%
43
0%
42
0%
59
0%
62
0%
23
0%
33
0%
15
0%
24
0%
4
0%
18
0%
284
3%
309
3%
288
2%
321
2%
249
2%
331
1%
240
1%
151
0%
198
1%
85
0%
108
0%
99
0%
Johnston
23
0%
24
0%
20
0%
16
0%
30
0%
36
0%
35
0%
47
0%
24
0%
36
0%
13
0%
31
0%
Keane
46
0%
58
1%
62
1%
79
0%
112
1%
132
0%
70
0%
69
0%
79
0%
65
0%
71
0%
112
0%
Mission
322
3%
325
3%
293
2%
333
2%
273
2%
314
1%
251
1%
196
1%
156
0%
146
0%
23
0%
133
0%
-
0%
-
0%
-
0%
-
0%
5
0%
24
0%
42
0%
97
0%
181
0%
328
1%
429
1%
689
1%
585
6%
635
6%
593
5%
616
4%
594
4%
823
3%
527
2%
443
1%
425
1%
290
1%
276
0%
409
1%
5,446
57%
5,572
54%
6,296
54%
8,944
54%
7,989
50%
13,751
51%
13,376
51%
18,686
51%
21,219
54%
17,154
46%
25,766
52%
36,305
49%
Peerless
340
4%
384
4%
558
5%
466
3%
576
4%
936
3%
597
2%
693
2%
747
2%
765
2%
715
1%
949
1%
Price
318
3%
399
4%
474
4%
936
6%
903
6%
2,037
8%
2,338
9%
4,023
11%
3,936
10%
4,196
11%
5,796
12%
7,212
10%
3%
429
3%
442
4%
660
4%
802
5%
824
3%
342
1%
112
0%
1,379
4%
340
1%
645
1%
364
0%
100% 73,361
100%
Fritz
Monterey
Ne Plus
Nonpareil
Other*
300
Total
9,542
100% 10,238
100% 11,743
100% 16,431
100% 16,001
100% 26,882
100% 26,006
100% 36,403
100% 39,081
100% 37,626
100% 49,585
Note: totals may not add precisely due to rounding.
2013 Production by Variety (Kernel Tonnes & %)
Production by Variety (Kernel Tonnes)
75,000
70,000
Price
7,212
9.8%
65,000
60,000
Tonnes (kernel)
55,000
All Others
1,972
2.7%
Peerless
949
1.3%
Nonpareil
36,305
49.5%
50,000
45,000
Other
40,000
Peerless
35,000
Price
Carmel
30,000
Nonpareil
25,000
20,000
15,000
Carmel
26,922
36.7%
10,000
5,000
0
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
200
0
201
1
201
2
201
3
201
Page|9
Production
Production by State 2013 (Kernel Tonnes)
Production by State (Kernel)
75,000
NSW
12,296
17%
70,000
SA
14,057
19%
65,000
Victoria
South Australia
60,000
New South Wales
Tonnes
55,000
50,000
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
VIC
47,008
64%
0
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
200
0
201
1
201
2
201
3
201
Australian Industry Production - Past & Present (Kernel Tonnes)
90,000
80,000
70,000
Tonnes
60,000
50,000
40,000
30,000
20,000
10,000
0
2003
Tonnes 10,238
10 | P a g e
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
11,743
16,431
16,001
26,882
26,006
36,403
39,081
37,626
49,585
73,361
70,000
81,607
82,968
83,732
84,107
84,321
84,336
Sizing
Almond Varieties, Sizes & Grades
2013 Kernel Size by Variety
(kernels per ounce)
Larger
Our almond sizes are consistent with international standards and is represented as the
number of almonds per ounce. Australian almonds are graded as: Fancy, Extra Supreme,
Supreme, and Manufacturing.
18-20
20-22
Australian Carmel
23-25
25-27
Australian Price
27-30
30-32
Smaller
Australian Nonpareil
Variety / Size
Nonpareil
Carmel
Price
Industry Total
16/18
0.9%
0.5%
0.0%
0.6%
18/20
6.8%
3.2%
4.4%
5.2%
20/22
16.5%
12.7%
9.1%
14.3%
23/25
43.9%
45.5%
39.9%
44.1%
25/27
18.0%
22.5%
21.8%
20.1%
27/30
7.1%
8.1%
11.7%
7.9%
30/35
3.1%
4.4%
8.8%
4.2%
35/40
3.4%
2.7%
3.3%
3.1%
Other
0.3%
0.4%
1.0%
0.4%
TOTAL
100%
100%
100%
100%
2013 Kernel Size by Major Varieties
(kernels per ounce)
50%
45%
Nonpareil
Carmel
Price
40%
35%
30%
25%
20%
15%
10%
5%
0%
16/18
18/20
20/22
Larger
23/25
25/27
27/30
30/35
35/40
Other
Smaller
P a g e | 11
Consumption
Almonds are consumed as snacks either as raw or roasted kernels that can also have seasoning
added to flavour the almonds. Many manufactured goods use almonds as a key ingredient such
as breakfast cereals and snack bars, as well as almond paste and almond milk. Almonds are
also widely used in home cooking and restaurant dishes. Gluten free almond meal is gaining in
popularity as a replacement for flour in baking.
Almonds are frequently an ingredient in the dishes of many nationalities and the broadening
consumer palate has many people now eating international cuisines and thereby contributing to
the increased demand for almonds.
In addition to being a good source of protein, almonds are a good source of Vitamin E, dietary
fibre and monounsaturated fat which has been associated with decreased risk of heart disease.
Over the past year we have seen the continued growth of gluten free foods. Almond meal has
been a particular beneficiary of this growth trend as ‘gluten free’ is perceived as a strong health
benefit by a broad consumer segment and is not limited to people with Coeliac Disease.
Scientific evidence continues to mount showing a diet including a handful of almonds three
to four times a week may help maintain a healthy heart, reduce weight, prevent diabetes and
reduce cancer mortality.
Almonds are either sold as inshell or kernel including processed items such as dry roasting,
blanching, slicing, chopping and conversion into meal, paste (marzipan) or flavourings. As they
can be processed into a range of products they are used in many manufactured food products
to provide flavour, texture and a healthy product image.
Australian Consumption
(g/person kernel)
1kg
900
Forms of Australian Almonds
g per person
800
700
600
500
Kernel
400
Whole Blanched
300
200
Natural Sliced
Blanched Sliced
In Shell
100
0
2008
674g
2009
618g
2010
693g
2011
738g
2012
849g
2013
909g
Sources: ABA, ABS
12 | P a g e
Slivered
Meal
Exports
Exports by Region
Exports by Type
(2013/14 Marketing Year)
(2013/14 Marketing Year)
Americas
4%
Middle East & Africa
17%
Inshell
37%
Asia Pacific
Oceania
37%
Kernel
63%
Europe
42%
Top 10 Export Destinations by Value
Australian Export & Domestic Supply
(2013/14 Marketing Year)
(Marketing Year) Kernel equivalent
50,000
Exports
Domestic Supply
Imports
Source: ABS
$105
48,910
$100
$95
$90
45,000
$85
$80
40,000
Millions $AUD
$75
35,000
31,047
Tonnes
30,000
25,000
24,483
24,132
$70
$65
$60
$55
$50
$45
$40
$35
21,315
18,856
17,350
20,000
$30
$25
14,535 15,402
13,355
15,000
14,546
14,961
$20
$15
$10
$5
10,000
$0
India
5,000
0
United Arab
Emirates
Germany
Spain
Italy
Netherlands
New
Zealand
United
States of
America
United
Kingdom
Hong Kong
(SAR of China)
Kernel $ 1,373,748 $ 42,884,241 $ 29,341,445 $ 23,872,703 $ 22,871,461 $ 19,447,429 $ 14,775,191 $ 14,107,021 $ 13,338,169 $ 5,893,148
901
1,250
2008/09
2009/10
2010/11
1,946
2,847
1,861
1,085
2011/12
2012/13
2013/14
Inshell $ 98,740,039
$ 665,640
$ 588,347
$ 1,072,735
$ 1,108,787
$ 1,188,475
$ 155,943
$ 103,334
$ 290,145
$ 4,909,870
P a g e | 13
Exports
Approximately 48 countries now buy Australian almonds, with India being Australia’s largest overseas market, twice the size of the next largest market, the United Arab Emirates. Almonds have
long been an integral part of India’s cultural heritage, especially during festive periods and weddings. The Indian market has a preference for inshell product, which is then hand cracked. Australian
product provides an excellent crackout ratio (kernel to inshell weight) and some Indian buyers have expressed a liking for the Australian kernel shape.
The almond industry is growing very rapidly in terms of production and value. The rapid growth in plantings and production has meant the supply of Australian almonds now far exceeds domestic
demand. Export demand has become crucial with over 50,000 tonnes sold overseas in 2013. The combined value of domestic and export sales from the 2013 crop was more than $500 million.
With only 63% of orchards fully mature the industry believes the productive capacity of existing orchards will reach 90,000 tonnes and the industry will become even more dependent on exports.
Australian Export Markets by Value (2013/14 Marketing Year)
Export Destinations
India
Kernel (kgs)
Kernel $AUD
Inshell (kgs)
Inshell $AUD
Total
202,508
$1,373,748
18,719,731
$98,740,039
$100,113,787
United Arab Emirates
5,313,636
$42,884,241
83,759
$665,640
$43,549,881
Germany
3,707,777
$29,341,445
66,206
$588,347
Spain
3,398,407
$23,872,703
154,750
$1,072,735
Italy
3,161,784
$22,871,461
133,645
Netherlands
2,508,038
$19,447,429
153,050
New Zealand
1,776,435
$14,775,191
United States of America
2,632,386
$14,107,021
United Kingdom
1,771,520
$13,338,169
708,054
$5,893,148
1,241,938
$9,044,694
34,500
960,179
$7,434,547
-
-
1,167,535
$7,430,816
-
-
Hong Kong (SAR of China)
France
Sweden
Egypt
Export Destinations
Kernel (kgs)
Kernel $AUD
Inshell (kgs)
Inshell $AUD
Total
Malaysia
213,484
$1,631,882
South Africa
206,711
$1,477,896
-
$1,631,882
9,979
$93,375
$1,571,271
$29,929,792
Belgium
154,704
$1,354,218
$24,945,438
Lebanon
105,461
$920,717
17,997
$133,413
$1,487,631
$1,108,787
$23,980,248
China (excl SARs & Taiwan)
174,427
$829,734
$1,188,475
$20,635,904
Jordan
91,174
$766,844
-
-
$766,844
18,235
$155,943
$14,931,134
Canada
97,109
$659,889
-
-
$659,889
21,772
$103,334
$14,210,355
Bulgaria
53,230
$401,461
-
-
$401,461
38,836
$290,145
$13,628,314
Korea, Republic of
36,729
$341,580
-
-
$341,580
777,349
$4,909,870
$10,803,018
Austria
34,474
$268,280
-
-
$268,280
$271,655
$9,316,349
Vietnam
29,627
$260,562
$7,434,547
Japan
34,420
$257,619
-
-
$257,619
$7,430,816
Latvia
19,958
$177,595
-
-
$177,595
-
-
$920,717
43
$998
241
$1,433
$830,732
$261,995
Turkey
679,889
$5,840,085
195,954
$7,061,683
Fiji
19,712
$167,465
-
-
$167,465
Thailand
709,300
$5,601,713
-
-
$5,601,713
Portugal
17,237
$160,203
-
-
$160,203
Saudi Arabia
595,623
$4,894,563
-
-
$4,894,563
Finland
17,236
$142,340
-
-
$142,340
Poland
559,765
$4,468,620
-
-
$4,468,620
Qatar
18,257
$141,446
-
-
$141,446
Tunisia
451,553
$3,545,071
-
-
$3,545,071
Bahrain
18,257
$140,441
-
-
$140,441
Russian Federation
326,945
$2,733,518
-
-
$2,733,518
Kuwait
18,257
$138,719
-
-
$138,719
Switzerland
328,225
$2,668,190
-
-
$2,668,190
Malta
15,876
$118,868
-
-
$118,868
Denmark
272,355
$1,850,659
$2,087,228
Mauritius
3,804
$31,432
-
-
$31,432
34,500
$1,221,598
$236,569
Singapore
254,876
$2,067,536
13
$123
$2,067,659
Brunei Darussalam
258
$4,999
-
-
$4,999
Greece
187,701
$1,428,968
49,295
$413,627
$1,842,595
Indonesia
336
$2,100
-
-
$2,100
Norway
255,500
$1,842,432
$1,842,432
Total Industry Export Value
34,552,665
$259,152,258
14 | P a g e
-
-
Note: totals may not add precisely due to rounding.
20,509,854
$111,196,106
$370,348,364
Source: ABS
Foreign Exchange
The exchange rate of the Australian dollar to the US dollar impacts directly on the price achieved
by Australian marketers and returns to growers. As the US dominates world production and
supply to export markets, almonds are traded internationally in US dollars. The rate at which
this converts to Australian dollars can have a major impact on revenue and the bottom line of
Australian businesses.
During 2013 the Australian dollar fell below parity, increasing the return from overseas sales
contracted in US dollars.
AUD vs USD
$1.10
$1.05
$1.00
$0.95
Industry marketers participated in international trade fairs in Germany, Russia, Japan, Indonesia
and the United Arab Emirates during 2013/14.
AUD
$0.90
USD
$0.85
$0.80
$0.75
$0.70
$0.65
$0.60
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
P a g e | 15
The growth of the Australian almond industry has
been mirrored in the US with almond production
increasing threefold in the past fifteen years. Almonds
grown in California are the USA’s most valuable
horticultural crop worth around $6 billion in 2013.
The USA produces 80% of the global crop and
invests heavily in overseas market development and
domestic promotion.
Year
New
Plantings
Global Almond Supply Versus Demand Forecast
Supply
Total
Industry
2001
7,830
244,835
2002
6,417
246,858
2003
7,138
246,858
2004
14,658
258,999
2005
19,943
283,280
2006
14,361
305,538
2007
5,820
309,585
2008
8,773
321,725
2009
7,391
327,795
2010
5,407
333,866
2011
6,054
337,913
2012
4,965
352,077
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
9
199
Global Production 2013 %
Australia
7.0%
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
200
0
201
1
201
2
201
3
201
4
201
5
6
201
201
7
201
California Almond Exports by Region % 2012/13
Turkey Chile Other
Spain 1.7% 0.9% 3.6%
5.2%
Latin America/Caribbean
0.8%
North America
34.7%
USA
81.7%*
Central/Eastern
Europe
3.5%
*US 2013 Crop Production figures as at May 2014
16 | P a g e
Carry-Out
Production
Consumption
1,600,000
Forecast Supply &
Potential Demand
Already Australia’s leading horticultural export
industry, the almond industry has the potential in the
next few years to become Australia’s most valuable
horticultural industry when domestic and export
sales are combined. This has been achieved in a
remarkably short time frame from when the almond
planting boom commenced ten years ago.
US Almond
Plantings by Year (Ha)
Tonnes
Global
Middle East/Africa
9.2%
Western Europe
25.1%
Asia Pacific Oceania
26.7%
Source: ABC
Global
Global Almond Production (Kernel)
YEAR
AUS
CHILE
CHINA
GREECE
INDIA
ITALY
SPAIN
TURKEY
US
World
US%
lbs (mill)
Tonnes
1990
5.3
1991
lbs (mill)
Tonnes
lbs (mill)
Tonnes
lbs (mill)
Tonnes
2,408
34.2
6.6
3,022
1992
7.8
1993
lbs (mill)
Tonnes
AUS%
lbs (mill)
Tonnes
lbs (mill)
Tonnes
lbs (mill)
Tonnes
lbs (mill)
Tonnes
lbs (mill)
15,513
41.90
19,006
137.8
62,505
33.1
15,014
488.5
221,579
938.9
425,910
52.09%
0.6%
24.3
11,022
24.30
11,022
142.2
64,501
33.7
15,286
656.2
297,647
776.3
352,157
84.5%
0.9%
3,559
35.3
16,012
39.70
18,008
158.5
71,895
34.6
15,694
485.9
220,400
877.3
397,955
55.4%
0.9%
9.1
4,139
44.1
20,003
33.10
15,014
185.2
84,005
35.3
16,012
545.9
247,616
844.2
382,951
64.7%
1.1%
1994
10.1
4,592
35.3
16,012
30.90
14,016
154.9
70,261
34.6
15,694
488.3
221,489
1,003.3
455,097
48.7%
1.0%
1995
11.2
5,083
35.2
16,000
33.10
15,014
99.9
45,314
30.2
13,698
732.7
332,347
1,019.6
462,497
71.9%
1.1%
1996
12.0
5,470
28.6
13,000
13.20
5,987
132.3
60,010
31.5
14,288
366.7
166,332
603.2
273,631
60.8%
2.0%
1997
12.7
5,783
27.5
12,500
24.30
11,022
165.3
74,979
24.3
11,022
507.5
230,198
705.7
320,132
71.9%
1.8%
1998
13.4
6,104
24.2
11,000
19.80
8,981
66.1
29,982
26.5
12,020
756.5
343,142
1,010.3
458,277
74.9%
1.3%
1999
14.0
6,390
8.8
4,000
37.50
17,010
145.5
65,998
30.9
14,016
517.0
234,507
652.2
295,839
79.3%
2.2%
2000
18.8
8,558
31.9
14,500
22.0
9,979
116.8
52,980
34.2
15,513
829.9
376,436
1,084.0
491,709
76.6%
1.7%
2001
20.1
9,142
8.8
4,000
19.8
9,000
2.2
1,000
39.70
18,008
125.7
57,017
30.9
14,016
698.4
316,788
913.5
414,380
76.4%
2.2%
2002
21.0
9,541
13.2
6,000
37.9
17,200
2.4
1,100
19.80
8,981
145.5
65,998
30.9
14,016
824.1
373,805
1,050.0
476,272
78.5%
2.0%
2003
22.5
10,237
9.9
4,500
0
19.8
9,000
2.2
1,000
11.0
4,990
97.0
43,998
30.2
13,700
1,083.7
491,558
1,164.5
528,242
93.1%
1.9%
2004
25.8
11,742
16.5
7,500
0.2
100
11.0
5,000
2.4
1,100
26.50
12,020
57.70
26,172
27.1
12,300
1,032.9
468,515
1,111.1
504,000
93.0%
2.3%
2005
36.2
16,431
9.2
4,200
2.2
1,000
35.2
16,000
2.5
1,150
26.50
12,020
140.0
63,503
30.2
13,700
998.0
452,685
1,306.5
592,650
76.4%
2.8%
2006
35.2
16,00
15.2
6,900
0.4
200
26.4
12,000
2.6
1,200
13.20
5,987
182.0
82,554
31.7
14,400
911.7
413,540
1,505.2
682,749
60.6%
2.3%
2007
59.2
26,881
19.4
8,800
2.8
1,300
26.4
12,000
2.2
1,000
26.50
12,020
125.40
56,880
34.1
15,500
1,116.7
506,526
1,754.9
796,021
63.6%
3.4%
2008
57.3
26,005
17.6
8,000
0.8
400
26.4
12,000
2.6
1,200
26.50
12,020
120.30
54,567
35.3
16,000
1,383.0
627,318
2,007.2
910,477
68.9%
2.9%
2009
80.2
36,403
13.2
6,000
2.2
1,000
17.6
8,000
2.4
1,100
13.20
5,987
188.50
85,502
35.3
16,000
1,614.6
732,370
1,883.6
854,400
85.7%
4.3%
2010
86.1
39,080
19.8
9,000
5.5
2,500
17.6
8,000
2.6
1,200
13.23
6,000
77.16
35,000
30.9
14,000
1,405.9
637,705
2,028.6
920,163
69.3%
4.2%
2011
82.9
37,626
22.0
10,000
8.8
4,000
17.6
8,000
2.4
1,100
26.46
12,000
132.28
60,000
35.3
16,000
1,628.2
738,539
2,497.1 1,132,666
65.2%
3.3%
2012
109.3
49,585
24.2
11,000
11.0
5,000
17.6
8,000
2.5
1,133
20.0
9,072
120.0
54,431
37.5
17,000
2,020.3
916,392
2,523.1 1,144,500
86.1%
4.7%
2013
161.7
73,361
20.5
9,300
13.2
6,000
11.0
5,000
2.4
1,100
20.0
9,072
120.0
54,431
33.1
18,000
1,884.0
854,568
2,307.0 1,046,455
81.7%
7.0%
*US 2013 Crop Production figures as at May 2014
Tonnes
Sources: ABA, ABC, INC
P a g e | 17
Global
Australia’s Contribution to Global Almond Production (Kernel Tonnes)
1,200,000
1,100,000
1,000,000
900,000
800,000
Tonnes
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Australia
0.6%
0.9%
0.9%
1.1%
1.0%
1.1%
2.0%
1.8%
1.3%
2.2%
1.7%
2.2%
2.0%
1.9%
2.3%
2.8%
2.3%
3.4%
2.9%
4.3%
4.2%
3.3%
4.7%
7.0%
USA
Other
52.0%
84.5%
55.4%
64.7%
48.7%
71.9%
60.8%
71.9%
74.9%
79.3%
76.6%
76.4%
78.5%
93.1%
93.0%
76.4%
60.6%
63.6%
68.9%
85.7%
69.3%
65.2%
86.1%
81.7%
47.4%
14.6%
43.7%
34.3%
50.3%
27.0%
37.2%
26.3%
23.8%
18.6%
21.7%
21.3%
19.5%
5.0%
4.7%
20.8%
37.1%
33.0%
28.2%
10.0%
26.4%
31.5%
9.3%
11.3%
18 | P a g e
Almond Marketers
Almondco Australia Ltd
Sturt Highway, PO Box 1744, Renmark, South Australia, 5341
Ph: +61 8 8586 8800 Fax: +61 8 8595 1559
Enquiries: [email protected]
www.almondco.com.au
Nut Producers Australia Ltd
249 Wright Street, Adelaide, South Australia, 5000
Ph: +61 8 8231 7011 Fax: +61 8 8231 2177
Enquiries: [email protected]
www.nutproducers.com.au
Olam Orchards Australia
55 Wyandra Street, Newstead, Queensland, 4006
Ph: +61 7 3250 3300 Fax: +61 7 3852 1600
www.olamonline.com
Select Harvests Ltd
360 Settlement Road, Thomastown, Victoria, 3074
Ph: +61 3 9474 3544 Fax: +61 3 9474 3588
Enquiries: [email protected]
www.selectharvests.com.au
P a g e | 19
Almond Board of Australia Inc.
ABN 31 709 079 099
9 William Street, PO Box 2246
Berri South Australia 5343
P + 61 8 8582 2055
E [email protected]
W www.australianalmonds.com.au
Australian Almond Insights Report 2013-14
can be downloaded from www.australianalmonds.com.au