NAB Bank report shows that red meat and
wool products have always been the quality industry that Australia is proud of.
However, in recent years, Australian nuts become top demands of international
market, especially macadamia nuts.
The report predicts that Australia will
become the largest macadamia nut exporter in the world, and sales volume will
reach AUD 760 million, while China will become the largest quality nuts
importing market.
Asian market will surpass USA to become
the maximum food consumption region in the world, and Australian manufacturers
have made sufficient preparation. Report says macadamia producers will expand
production, and the increased planting area in next 3 years will be over
5000mu.
In 2015, China and Australia signed a Free Trade Agreement, and started vast business opportunity for Australian enterprises.