Shelled almonds market in North Macedonia

Earlier Report Observations

The market for shelled almonds in North Macedonia expanded significantly from 552 tonnes in 2018 to a peak of 847 tonnes in 2022, though it experienced notable fluctuations. After a steady rise to 774 tonnes in 2020, volume dipped to 705 tonnes in 2021 before recovering the following year. In 2023, consumption fell again to 736 tonnes. In value terms, the market followed a similar pattern, growing from $3.9 million in 2018 to $4.8 million in 2020, then declining to $3.8 million by 2023.

This market is largely supplied through imports, which increased from 389 tonnes in 2018 to 625 tonnes in 2023. Domestic production, while present, fluctuated between 118 and 230 tonnes per year and did not keep pace with demand. The consistent growth in imports highlights the country's reliance on foreign supply to meet local consumption.

Underpinning the demand for almonds is a broader consumer shift towards healthy foods, with shelled almonds being offered in various forms such as raw, roasted, or as almond paste. This trend has supported the overall consumption base in the country.

Production shelled almonds in North Macedonia

In kind, 2017-2020, t

From 2017 to 2020, North Macedonia consistently ranked 28th globally in terms of shelled almond production volume.

Top producers of shelled almonds, 2017-2020

World map of production of shelled almonds, 2017-2020

In 2020, North Macedonia produced 230.4 tons of shelled almonds, marking a 41.0% increase compared to 2019. Over the period from 2017 to 2020, production grew by 50.3%, with a compound annual growth rate of 14.5%. The only decline during this time was a modest 1.0% in 2019.

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

In value, 2017-2020, K $ US

North Macedonia's shelled almond production value rose for the third consecutive year in 2020, reaching 1 707 thousand US dollars, which is 28.8% higher than in 2019. Between 2017 and 2020, production value increased by 41.3%, translating to an annualized growth rate of 12.2%.

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

Exports shelled almonds from North Macedonia

Exports in kind, t

The export market for shelled almonds from North Macedonia showed volatility from 2017 to 2020. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.7-fold difference between these years. In 2020, exports totaled 4.2 tons, down 3.2% year-over-year. The highest volume was recorded in 2019 at 4.3 tons, following a significant increase of 104.3% that year.

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

Between 2017 and 2020, Serbia was the primary destination for North Macedonia's shelled almond exports in volume terms, accounting for 79.0% of the total, while the remaining exports were distributed among a variety of smaller markets.

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

Export values for shelled almonds from North Macedonia exhibited volatility from 2017 to 2020. The lowest value occurred in 2017, while the highest was recorded in 2019, with a peak-to-trough ratio of 2.8 times. In 2020, exports stood at 31 thousand US dollars, reflecting an 11.6% decrease from the previous year. The maximum value was 35 thousand US dollars in 2019, which saw a substantial increase of 118.1%.

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

From 2017 to 2020, Serbia dominated North Macedonia's shelled almond exports in value terms, representing 80.2% of the total, with the rest spread across several smaller 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 shelled almonds to North Macedonia

Imports in kind, t

North Macedonia's imports of shelled almonds increased for the second consecutive year in 2020, reaching 547.8 tons, up 20.8% from 2019. Over the period from 2017 to 2020, imports grew by 20.1%, equivalent to an annualized rate of 6.3%. The lowest volume was recorded in 2018 at 389.2 tons, which also saw the largest decline of 14.7%.

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

During 2017–2020, the United States was the dominant source for North Macedonia's shelled almond imports in volume terms, accounting for 84.0% of the total, with numerous smaller partners making up the remainder.

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, North Macedonia's imports of shelled almonds in value terms amounted to 3 113 thousand US dollars, remaining broadly stable compared to 2019. Over the period from 2017 to 2020, import value increased by 6.8%, with a compound annual growth rate of 2.2%. The minimum value was 2 710 thousand US dollars in 2018, which experienced the largest decline of 7.0%. The maximum value was 3 130 thousand US dollars in 2019, marking the largest increase of 15.5%.

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

From 2017 to 2020, the United States remained the leading source for North Macedonia's shelled almond imports in value terms, capturing 83.8% of the total, while the rest was distributed among various smaller markets.

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

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