Australian almond sales reached an all-time high in July, with the Almond Board of Australia (ABA) reporting the largest monthly sales figures in its recorded history. According to the ABA's July Position Report, exports surged by 35% compared to the same month last year, with a significant 28% increase over the previous record set in July 2017.
Source: © Derektenhue - Almonds cupped in a hand
The total of 22,450 tonnes sold in July reflects the escalating global demand for plant-based products, particularly almond milk, which has become a staple in diets worldwide. This surge has pushed the five-month export total to 60,803 tonnes, nearing 71,000 tonnes in overall sales.
A key factor driving this boom is the robust demand from China, where more than 27,000 tonnes of in-shell almonds have been exported this season, a sharp increase from just over 12,000 tonnes during the same period last year. This growth is largely facilitated by a favorable free trade agreement, with China accounting for more than 55% of all Australian almond exports.
Source: Australian Almond Board - Harvesting almonds
Domestically, the market also shows signs of recovery with a 22% increase in sales this July compared to last year, marking a reversal from the 18-month downward trend. These positive domestic and international trends come despite a challenging season marked by dry conditions.
ABA CEO Tim Jackson says he's optimistic about the future. "Although yields are slightly below expectations, the strong rebound in prices and high-quality production have enabled faster and more efficient packing processes," Tim Jackson says. This efficiency is pivotal as Australian almonds continue to meet the surging global demand for plant-based foods, which without doubt is contributing to the sector's resilience and adaptability.
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