It is reported that Australia almond export reached $309 million, beating last year’s record-breaking crop of 73,361 tonnes. And this year’s crop was smaller than expected — at 65,956 tonnes – which worth $490 million last year and $590 million this year. The insiders forecast that the output of next year will rebound to reach $645 million.

Almonds were fetching $5.13 a kilogram in January last year, but the price hit $8.46 in June this year. California is suffering a drought that has cut production and export, bring a 147 per cent rise due to higher export volume and value and reaching $318 million.