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All countries 15/03/2019

Almond: Annual growth of 6.3% for the next 5 years

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The demand for almonds is not weakening and will continue to grow in the coming years. A new study on the world market forecasts a growth rate of 6.3% per year for the next 5 years.
 
 
 
The global almond market, which represents approximately $7.3 million in 2019, is expected to grow at an annual rate of + 6.3% and reach $1.5 billion in 2023.
 
 
 
The United States, Australia, Spain, China, Italy, Turkey and Morocco are the main world producers in 2016/2019. The United States and Australia are the largest exporters.
 

source : beaumontdaily.com, 360marketupdates.com, indailytimes.com, redfieldreport.com

 
The demand for almonds is not weakening and will continue to grow in the coming years, a new study on the world market forecasts a growth rate of 6.3% per year for the next 5 years.



The world almond market, which represents approximately 7300 million USD in 2019, is expected to grow at an annual rate of + 6.3% and reach 1,500 billion UDS in 2023.



The United States, Australia, Spain, China, Italy, Turkey and Morocco are the main world producers in 2016/2019. The United States and Australia are the largest exporters.

 

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Demand is growing everywhere and forecasts are very positive for the sector.
   
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