The Almond Board of Australia (ABA) issued its February year-end position report on April 09, 2025. This report outlines the volumes and destinations of Australia's almond shipments, paralleling the Almond Board of California's practices.
In February 2025, Australian exporters dispatched over 5.5k metric tons (mt), surpassing January 2025 and February 2024 by 0.3k mt. The crop-year-to-date total reached 169.k mt, exceeding previous seasons' totals.
China has been the leading destination, receiving 76.1k mt so far, accounting for 45% of the 2024/25 crop, marking a 128% increase from the previous year. India imported 19.8k mt, reflecting a 3% year-over-year increase. These destinations lagged behind last year's U.S. volumes, with increased Australian purchases partly explaining the difference.
China and the U.S. are engaged in a trade dispute, with China enacting a 125% tariff on U.S. goods, including almonds, effective April 12. The ABA anticipates China will continue purchasing a substantial portion of Australian almonds. However, industry sources indicate availability concerns.
In February, before the Australian harvest, the ABA projected 2025/26 production at 155.5k mt, roughly 2k mt higher than the 2024/25 crop. Nonetheless, reports suggest quality issues and lower-than-expected yields. Given these factors and the record-low carryover stocks at the new marketing year's start, market participants suggest that increased acquisition of Australian almonds by one destination may necessitate reductions elsewhere.
Source: Mintec/Expana