2016 delivers steady overall production despite challenging growing
conditions globally
The global
macadamia crop for 2016 has been estimated at 179,998 (at 3.5% moisture),
representing a modest increase of 1.3% over the prior year.
Poor weather
conditions reduced the yields of many larger producers, particularly South
Africa, which suffered a devastating drought. Australia, Guatemala and Brazil
were the only established origins to increase their production at 8%, 2% and 8%
respectively.
Reports indicate
Chinese production for 2016 was around 8,500 tonnes (at 3.5% moisture).
Obtaining accurate statistics from this market continues to be a priority for
the global industry.
Looking ahead,
the 2017 crop is expected to deliver an increase in total production of 5-8%,
however this is contingent on the residual impact of the South African drought
and China’s ability to increase production in line with its projections.
Overall kernel
availability from the 2016 crop was similar to the prior year at around 35,000
tonnes.
Australian sales
Australian
kernel sales were steady in the 12 months to March 2017, at just over 10,000
tonnes. Australian in shell sales increased significantly, with continued
strong demand from China and less supply available from South Africa.
The domestic market remained steady and continued to
be the single largest market for Australian kernel at 31% of total kernel
sales. The December quarter was especially strong in the lead up to
Christmas.
Australian kernel
sales to the US were down
over the last 12 months with the June and December quarters showing the most
significant declines on a year-on-year basis. However March quarter sales
returned to a level more consistent with previous years.
Sales of Australian
kernel to Japan were
particularly strong, up 26% year-on-year despite total imports to this market
rising by just 1%.
Australian
kernel sales to China are
increasing, highlighting a steady escalation in opportunities for kernel in
this market.
Australian
kernel sales to Germany held
stable, as did total sales to Europe. There was a notable drop in South African
kernel imports to Europe due to constrained supply.