Although the demand of Macadamia nuts is affected by the epidemic, the industry is still in a favorable condition.

Supply: except South Africa, the yield in all places of origin will reach expected yield. In general, the global supply will be 7% lower than that in the previous year as predicted.

Demand: it is obvious that the environment prevailed by COVID-19 is generating impact. As some international flights are cancelled, a short-term purchase mode emerges. Fortunately, sales volume in the third quarter is rising. Thanks to diversified downstream clients and market base of Macadamia nuts, the industry is still in a favorable status.

Sales volume in Australia: results show the sales in snacks is strong while sales volume of raw materials is low. In the past 6 months, the obvious growth of sales volume is partly because consumers need to store up snacks when they are staying at home for isolation. The tourism industry and small retailers will continue suffering impact of decreased passenger flow, but overall sales volume of large-scale retail chains will keep stable status.