Almond World Markets

It’s on our minds; How are the tariffs affecting sales? Attention is directed toward China which is a player. According to market following pundits, it’s too early to tell.

Top ten export  markets — alongside the USA’s domestic deliveries for scale — These 10 represent 65% of total exports. Source: Almond Almanac 2017

Overall the outlook for Almonds are the picture of health but the latest snapshot, which would be from June, is mixed. Shipments were down 11% but for the year to date shipments are up 8% over last year. (This is good because the USDA estimates that the 2018 Almond Crop will be record breaking.) China and select markets are presented:

Source: June Position Report

“Everybody wants to know how the tariffs will affect the shipments. Unfortunately, it will be months before we know. Almonds will be more expensive to the consumer causing concern; prices they haven’t seen since the 2015 crop.” – Panoche Creek Packing Almond Market Brief for July 2018

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