Almonds market in Americas

Earlier Report Observations

Almond market volume in the Americas rose from 1 778 thousand tons in 2018 to a peak of 2 417 thousand tons in 2020. This growth was driven by a rapid 6.3% expansion of harvested almond area, which increased production, and by rising consumer demand for nutrient-rich foods. The market was further boosted by the widespread adoption of almond milk in the plant-based beverage sector and technological advances in precision irrigation that improved orchard efficiency.

After the peak, market volume contracted to 2 273 thousand tons in 2021 and 1 938 thousand tons in 2022. During this period, new product segments like almond flour and plant-based milk continued to expand, supported by changes in market access regulations that facilitated the entry of new players. In 2023, adverse weather conditions in several American regions reduced almond output, contributing to a further decline in market volume to 1 816 thousand tons, despite sustained consumer interest in organic and sustainably labeled products.

In 2024, new labeling and traceability regulations for almond products were implemented, aligning with international standards. Significant investments were made in domestic processing facilities to strengthen the supply chain, while the sustained adoption of almond milk and derived products kept demand underpinned by health and plant-based diet trends.

Production almonds in Americas

In kind, 2017-2020, K t

Top producers of almonds, 2017-2020

World map of production of almonds, 2017-2020

Almond production in the Americas has grown for the third year in a row. In 2020, the region produced 2 391 thousand tons of almonds, representing a significant 22.2% increase compared to the previous year. From 2017 to 2020, production rose by 36.3%, which translates to an average annual growth rate of 10.9%.

Annual dynamics of production in Americas in kind, 2017-2020, K t

Exports almonds from Americas

Exports in kind, t

Almond exports from the Americas have declined for the second consecutive year. In 2020, exports totaled 2 326 tons, down 56.3% from 2019. Over the period from 2017 to 2020, exports fell by 63%, with a compound annual growth rate of -28.2%. The peak export volume was recorded in 2018 at 8 172 tons, which also saw the largest annual increase of 30.2%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, t

From 2017 to 2020, the export market for almonds in kind was highly diversified. Russia accounted for 22.4% of exports, Italy for 5.0%, and Germany for 1.8%, together making up only 29.2% of total flows. The remaining 70.8% was distributed among numerous other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Americas in kind, 2017-2020

Exports in value, M $ US

After two years of growth, almond exports from the Americas in value terms declined. In 2020, exports amounted to 45.3 million US dollars, a sharp 40.0% drop compared to 2019. However, over the full period from 2017 to 2020, exports still increased by 3.9%, with a compound annual growth rate of 1.3%. The highest value was recorded in 2019 at 75.6 million US dollars, while the largest annual increase occurred in 2018 at 35.2%.

Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US

Between 2017 and 2020, the geographical structure of almond exports in value terms was highly diversified. Russia represented 22.4% of exports, Italy 4.9%, and Germany 2.2%, together accounting for just 29.5% of total flows. The remaining 70.5% was spread across many smaller partner countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Americas in value, 2017-2020

Imports almonds to Americas

Imports in kind, t

Almond imports to the Americas in kind showed noticeable fluctuations during this period. The lowest volume was recorded in 2019 at 13 865 tons, while the highest was in 2017, creating a 4.9-fold difference between these years. In 2020, imports reached 28 245 tons, a substantial 103.7% increase from 2019. The largest decline occurred in 2018, with a drop of 65.4%.

Annual dynamics of product's imports to Americas in kind, 2017-2020, t

From 2017 to 2020, Spain and Australia were the primary sources for almond imports in kind to the Americas, together accounting for 1.9% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Americas in kind, 2017-2020

Imports in value, M $ US

Almond imports to the Americas in value terms have increased for the third consecutive year. In 2020, imports were recorded at 408.4 million US dollars, marking a 2.2% year-over-year gain. Between 2017 and 2020, imports grew by 11.5%, equivalent to an average annual rate of 3.7%.

Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US

During the period from 2017 to 2020, Spain and Australia remained the key sources for almond imports in value terms, together representing 2.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Americas in value, 2017-2020