FiE video: Almond Board of California talks global supply and demand

This content item was originally published on www.bakeryandsnacks.com, a William Reed online publication.

By Staff Writer

- Last updated on GMT

Related tags: Almond board, Supply and demand

The Almond Board of California talks pollination, global supply and Chinese demand at this year’s FiE event in Frankfurt.

Despite recent concerns over bee-assisted pollination impacting production, the president and CEO of the Almond Board of California, Richard Waycott, says that the state has just harvested its third largest crop ever.

The US accounts for 83% of the world’s supply of almonds, while California is the largest producing state yielding 80% of that global figure.  Europe makes a far off second with 10%, of which Spain contributes the majority.

Drop in production

According to Mintec data, production from California in 2013/14 is forecast to be down 2% year on year to around 800,000 tonnes. This has largely been seen as an issue of pollination, but Waycott told BakeryandSnacks.com that due to certain initiatives almond pollination in the state is good.

“The Almond Board has been working for many years with the beekeeping community and with the scientific community to discover, promote and put into practice healthy beekeeping methodology and best practice. So over time we are working to improve the health of the bee population in the US,"​ he explained.

He said that the state has just harvested its third largest crop ever and that these yields are expected to continue to grow due to a recent increase in planting in California.

Waycott said that this 2% drop was when compared to the second largest crop ever. “Historically we do tend to trail off sometimes. That’s just that mother nature intervenes and our yields go down a little bit before they increase again. So we expect to be producing record crops here again in the near future,”​ he said.

However James Hutchings, data development manager at Mintec, told this site: “In contrast, EU imports of shelled almonds have been stable at around 200,000 to 220,000 tonnes for the past five years.”

Increased demand, increasing prices

Hutchings said that as a result of these production issues almond prices in the EU have risen with demand as a result of what he called a “lack of availability”​ from the top global producer.

As well as this drop in production, he said another major factor affecting the almond market is the rise in Chinese almond consumption. “According to the USDA, Chinese imports of shelled almonds have risen from 30,200 tonnes in 2008/09 to 150,000 tonnes in 2012/13 (last season),”​ he explained.

Waycott said that China is their largest export market today and that the use of almonds in China is primarily as a snack.

“With the growing middle class they are able to afford a lot more imported products than they used to years ago,”​ Waycott said.

“So it’s the same phenomenon going on to a lesser extent in India and other emerging countries where financial wealth is allowing consumers to try new things that we in the US and Europe are very used to. That’s stimulating a lot of growth in that country.”​ 

Related news

Related products

show more

Formulating meat and fish alternatives?

Formulating meat and fish alternatives?

Univar Solutions | 30-Nov-2021 | Product Brochure

Whether you are entering the plant-based industry as a new brand or looking to expand your existing line, turn your knowledge of plant-based foods into...

Formulating plant-based products?

Formulating plant-based products?

Univar Solutions | 30-Nov-2021 | Product Brochure

Join Univar Solutions for an inspirational and interactive session on key market opportunities and the Big Bets, top tips on how to achieve the successful...

Create colorful products sustainably with EXBERRY®

Create colorful products sustainably with EXBERRY®

EXBERRY® by GNT | 04-Nov-2021 | Technical / White Paper

Environmental credentials are an increasingly important factor in food and drink products’ success. At GNT, we’re committed to driving industry standards...

Healthy, delicious and sustainable

Healthy, delicious and sustainable

Döhler – Natural Food & Beverage Ingredients | 03-Nov-2021 | Data Sheet

Discover our comprehensive portfolio of plant-based ingredients which are ideally suited for innovative plant-based applications. Doehler fully understands...

Related suppliers

1 comment

tracy mckee

Posted by tracy mckee,

the almonds in califoria should be tested for damage from nuclear waste.they have less nutrition in them than they should.especially the ones grown in frsno redding areas.theyare grown on land polluted by nuclear waste..from the nearby nuclear power plants.

Report abuse

Follow us

Products

View more

Webinars