The 2025-26 Australian almond selling season has begun on a strong note, marked by increased export volumes to major manufacturing hubs such as Turkiye and Spain, alongside continued demand from key markets like China and India.
Favorable weather during the dry harvest is expected to result in a second consecutive year of high inshell production. Although the opening month's export volume was down 17% compared to last year's record-breaking season, it still marked the second-largest March on record for Australian almond exports. Domestic sales remained consistent with last year's levels.
Uncertainty in the global almond market, fueled by the ongoing trade conflict between the United States and China, has boosted demand for Australian almonds. China, the world's second-largest consumer of almonds, continues to rely heavily on Australian supply due to the high tariffs imposed on Californian almonds.
Industry experts are advising buyers and sellers to account for potential tariff changes in their sales contracts to ensure both parties clearly understand who is responsible for covering any unexpected costs.
Meanwhile, the Almond Board of California has announced a 2025 crop estimate of 2.8 billion pounds, according to the U.S. Department of Agriculture's annual Subjective Estimate. Although this figure is on the higher end of expectations, it is not expected to negatively impact market pricing, which remains at a 10-year high.
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Australian Almonds
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