Market research

Almonds market in Australia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Australian almond market saw substantial expansion between 2018 and 2022, with its volume growing from 104 thousand tonnes to 252 thousand tonnes and its value rising from $589 million to $1.14 billion.

This period of growth coincided with a strong increase in domestic production, which more than doubled from 173 thousand tonnes to 365 thousand tonnes.

The market trend reversed in 2023, as volume fell to 201 thousand tonnes and value declined to $769 million, reflecting a notable contraction after several years of increase.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Australia
  1. 5.1.1. Annual dynamics of production in Australia in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Australia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production almonds in Australia

In kind, 2018-2021, K t

Australia was among the world's leading almond producers from 2018 to 2021, ranking third globally by production volume.

Top producers of almonds, 2018-2021

Source: SHEV.io

World map of production of almonds, 2018-2021

Source: SHEV.io

Almond production in Australia increased for the third consecutive year. In 2021, the country produced 316.0 thousand tonnes of almonds, marking a 22.5% rise compared to the previous year. Over the period from 2018 to 2021, production grew by 82.7%, with a compound annual growth rate of 22.2%.

Annual dynamics of production in Australia in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	22.5%	21.7%	22.5%	22.2%

Source: SHEV.io

In value, 2018-2021, M $ US

In 2021, the value of almond output in Australia reached 1 399 million US dollars, representing a significant increase of 21.5% from the previous year. From 2018 to 2021, production value rose by 43.8%, with a compound annual growth rate of 12.9%. The largest increase occurred in 2019 at 28.8%, while the largest decline was recorded in 2020 at 8.0%.

Annual dynamics of production in Australia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	28.8%	(8.0%)	21.5%	12.9%

Source: SHEV.io

Exports almonds from Australia

Exports in kind, K t

In 2021, Australia's almond exports amounted to 102.4 thousand tonnes, showing a 22.9% gain compared to 2020. Between 2018 and 2021, exports increased by 40.8%, equating to an annualized growth rate of 12.1%. The largest increase was recorded in 2019 at 24.4%, followed by the largest decline in 2020 at 7.9%.

Annual dynamics of product's exports from Australia in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	24.4%	(7.9%)	22.9%	12.1%

Source: SHEV.io

From 2018 to 2021, China, India, and Vietnam formed the core group of markets for Australia's almond exports by volume. China accounted for 39.2% of exports, India for 21.2%, and Vietnam for 8.0%, together representing 68.4% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

In 2021, the value of Australia's almond exports reached 453.5 million US dollars, which is 21.8% higher than the previous year. Over the period from 2018 to 2021, export value increased by 10.9%, with a compound annual growth rate of 3.5%. The maximum value was recorded in 2019 at 534.6 million US dollars, while the minimum was in 2020 at 372.2 million US dollars. The largest increase occurred in 2019 at 30.7%, and the largest decline was in 2020 at 30.4%.

Annual dynamics of product's exports from Australia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	30.7%	(30.4%)	21.8%	3.5%

Source: SHEV.io

Throughout 2018 to 2021, China, India, and Vietnam played leading roles in the value of Australia's almond exports. China accounted for 40.3% of export value, India for 17.4%, and Vietnam for 8.0%, jointly taking 65.8% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia in value, 2018-2021

Source: SHEV.io

Imports almonds to Australia

Imports in kind, K t

Cross-border shipments of almonds to Australia declined for the third consecutive year. In 2021, imports reached 2.1 thousand tonnes, reflecting a significant decline of 19.2% from the previous year. Over the period from 2018 to 2021, imports decreased by 45.3%, with a compound annual decline rate of 18.2%.

Annual dynamics of product's imports to Australia in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.5%)	(22.7%)	(19.2%)	(18.2%)

Source: SHEV.io

From 2018 to 2021, the United States, Vietnam, and Spain were the main suppliers of almonds to Australia by volume. The United States accounted for 43.6% of imports, Vietnam for 22.0%, and Spain for 17.2%, together comprising 82.7% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

The value of almond imports to Australia declined for the third consecutive year. In 2021, Australia imported almonds worth 1 399 million US dollars, down by 17.4% from the previous year. Between 2018 and 2021, import value decreased by 41%, equating to an annualized decline rate of 16.1%.

Annual dynamics of product's imports to Australia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.5%)	(16.5%)	(17.4%)	(16.1%)

Source: SHEV.io

Over 2018 to 2021, the United States, Spain, and Vietnam consistently occupied leading positions in the value of almond imports to Australia. The United States accounted for 37.5% of import value, Spain for 25.6%, and Vietnam for 20.2%, jointly accounting for 83.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia in value, 2018-2021

Source: SHEV.io