Those who ate 30g or a handful of nuts at least once a day had a 20% lower death rate. This study is consistent with a wealth of existing observational and clinical-trial data in supporting the health benefits of nut consumption for many chronic diseases. The 2014 crop is looking very good with heavy tonnages predicted. Early assessments of Nonpareil kernel size indicates that average may be a grade or two smaller than previous years, whilst Carmel is looking bigger. Other quality factors depend heavily on the weather throughout harvest, so everyone is hoping we can get the crop successfully into storage in good condition. Quality product this year should see an expected farm gate value well in excess of last year’s figure of $500 plus million. A recent trade visit by representatives from the four major almond marketing companies and the Almond Board of Australia to Delhi and Gulfood’s trade fair reinforced an ongoing demand with a strong line of inquiry from existing and new customers. The Australian almond trade stand was a standout among the thousands of other stands, and Joseph Ebbage, our Market Development Manager, must be congratulated on organising the display. The co-operative effort of our marketers enables the Australian industry to project itself as a major player at important trade events such as this.
During the 2013 calendar year almonds became Australia’s first horticultural industry to earn in excess of $300 million in annual export revenue. As the final part of the crop harvested in March and April 2013 is being sold at high prices on offer presently, the final export sales figures for the record almond crop is estimated be around $360 million. A 60% increase in production in 2013 saw available export supply double which combined with a significant rise in the global price for almonds led to the jump in export earnings. The Australian Bureau of Statistics figures as at the end of September 2013 show the volume of exports increased by 51%, but value increased by 132%. Consumption growth of almonds in Australia has also been very strong during the past year. In 2013 consumption increased by 9.2% building once more on the increase of 2012. This continuing growth has been assisted by regularly released health benefit studies showing the contribution of nuts to leading a longer healthier life. The world’s largest study (120,000 people followed over 30 years) on the association of nut consumption and mortality was published recently in the prestigious New England Journal of Medicine 1 , finding that the consumption of nuts is inversely associated with mortality.
A Market Forum was held during the Gulfoods event and was well attended by 70 traders from India, the Middle East and California. This forum was held as a breakfast function to allow those involved in their own trade stands to attend. Once breakfast was complete the participants moved to the conference room to view presentations including an industry update on the 2013/14 Australian growing season by Brendan Sidhu, Chair of the Market Development Committee and myself. The following chart shows the top ten export markets by sales value. India was our largest market by value in 2013 with sales of $97 million followed by the United Arab Emirates with exports worth $34 million. Combined the two markets represent 42.3% of Australian almonds export sales.
Top 10 Export Destinations by Value (2013 Marketing Year) $100
$30 Millions $AUD
Neale Bennett Chairman
Ross Skinner CEO
United Kingdom United States of America
United Arab Emirates
Hong Kong (SAR of China) 1 New England Journal of Medicine article can be found here: http://www.nejm.org/doi/full/10.1056/NEJMoa1307352