International News

You are here:Home - News - International News

Global Academia Nuts Supply May be Serious in Short in This Season and Price May Rise

Pubtime:2017-07-17Author:Source: Hits:

In this season, the two major producing areas of macadamia in the world, South Africa and Australia, both face some challenges. The drought in South Africa and tropical storm “Debbie” in Australia generate negative impact on output of macadamia in both places. The output in north of South Africa may be smaller than the reduced amount in the last year, while output in the south is expected to increase slightly. As a whole, the output in South Africa reduces, and in other area increases. The global supply in 2017 will hold the line with that in 2016. Latest data of China International Tree Nuts Conference shows macadamia output in 2017 will increase 8% than that in 2016, about 193,500t, and total supply will be 195,600t; in 2017, output in Australia may reach 48,600t, and in South Africa may reach 41,400t. In addition to the 1880t inventory in the previous year, the total supply in South Africa in 2017 may be 43,000t.

The demand of Chinese market for unshelled macadamia in 2017 rises greatly, and demand for nuts does not change obviously. Such market trend will continue. In 2012, global 92% macadamia are sold by shelling to nuts, and only 8% shelled macadamias are sold. With change in market demand, the proportion global unshelled macadamia in 2016 increased to 22% while shelled macadamia nuts dropped to 78%.