Almonds market in North Macedonia

Earlier Report Observations

The almond market volume in North Macedonia fluctuated significantly between 2018 and 2023. It increased from 961 t in 2018 to 1 017 t in 2019, then jumped by 32% to 1 344 t in 2020. After a 14% drop to 1 156 t in 2021, the market recovered to a peak of 1 417 t in 2022, before declining by 28% to 1 028 t in 2023.

Domestic production followed a similar volatile pattern, reaching 801 t in both 2020 and 2022 but falling to 411 t in 2023. In 2019, a draft amendment to organic production, labeling, and control regulations in neighboring Bulgaria introduced potential changes to standards, which may have influenced regional trade and quality expectations for almonds.

Production almonds in North Macedonia

In kind, 2017-2020, t

Top producers of almonds, 2017-2020

World map of production of almonds, 2017-2020

In 2020, North Macedonia produced 801.0 t of almonds, marking a 41.0% increase from the previous year. Between 2017 and 2020, production grew by 50.3%, which translates to an annualized rate of 14.5%. The largest decline occurred in 2019, with a drop of 1.0%.

Annual dynamics of production in North Macedonia in kind, 2017-2020, t

In value, 2017-2020, K $ US

In 2020, the output of almonds in North Macedonia was valued at 5 822 K $ US, representing a 26.4% advance compared to 2019. From 2017 to 2020, production increased by 34.1%, equating to an annualized rate of 10.3%. The largest decline was recorded in 2019, at 0.5%.

Annual dynamics of production in North Macedonia in value, 2017-2020, K $ US

Exports almonds from North Macedonia

Exports in kind, t

The market exhibited volatility over the observed period. Exports reached their lowest point in 2018 and peaked in 2020, with a 2.2-fold difference between these years. In 2020, North Macedonia exported 5.3 t of almonds, showing a substantial increase of 23.2% from the previous year. The minimum value was recorded in 2018 at 2.5 t. The largest decline occurred in 2018, with a drop of 9.1%, while the largest increase was in 2019, at 75.2%.

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

From 2017 to 2020, the geographical pattern of exports in kind was characterized by a strong dominance of Serbia, which accounted for 75.1% of total flows, with other partners holding relatively minor shares.

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

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

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Exports reached their lowest point in 2018 and peaked in 2020, with a 1.9-fold variation. In 2020, almond exports from North Macedonia totaled 39 K $ US, representing a robust advance of 10.4% year-over-year. The minimum value was recorded in 2018 at 20 K $ US. The largest decline occurred in 2018, with a drop of 9.9%, while the largest increase was in 2019, at 76.1%.

Annual dynamics of product's exports from North Macedonia in value, 2017-2020, K $ US

From 2017 to 2020, Serbia remained the dominant direction for exports in value terms, with a share of 75.5% of total flows, while the remainder was fragmented across other markets.

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

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

Imports almonds to North Macedonia

Imports in kind, t

Almond imports into North Macedonia increased for the second consecutive year. In 2020, the country imported a total of 547.8 t of almonds, corresponding to a robust increase of 20.8% year-over-year. Over the period from 2017 to 2020, imports grew by 20.1%, with a compound annual growth rate (CAGR) of 6.3%. The minimum value was recorded in 2018 at 389.2 t. The largest decline occurred in 2018, with a drop of 14.7%.

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

Throughout 2017 to 2020, the country structure of imports in kind was dominated by the United States, which accounted for 84.0% of total flows, while other destinations were relatively small.

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

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

Imports in value, K $ US

In 2020, foreign almond supplies to North Macedonia were recorded at 3 113 K $ US, showing no significant change year-over-year. From 2017 to 2020, imports increased by 6.8%, with a CAGR of 2.2%. The minimum value was recorded in 2018 at 2 710 K $ US, while the maximum value was in 2019 at 3 130 K $ US. The largest decline occurred in 2018, with a drop of 7.0%, and the largest increase was in 2019, at 15.5%.

Annual dynamics of product's imports to North Macedonia in value, 2017-2020, K $ US

Throughout 2017 to 2020, the country structure of imports in value terms was dominated by the United States, which accounted for 83.8% of total flows, while other destinations were relatively small.

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

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