Macadamia Market – Global Briefing, Growth Analysis And Opportunities Outlook 2022 To 2032 fmiblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fmiblog.com Daily Mail and Mail on Sunday newspapers.
South African macadamia processor aligns with the Marquis Group
The global macadamia industry has seen unprecedented growth in the last 10 years with demand continuously exceeding limited supply. This has made the farming of macadamias very rewarding as much of this annual increase of demand has occurred organically.
However, the industry is currently experiencing a shift with hectares of macadamia nuts planted set to double in supply within the next four to five years, increasing global macadamia supply from roughly 200,000 tonnes to 400,000 tonnes, followed by a further predicted increase to 600,000 tonnes shortly thereafter.
To ensure demand for macadamias continues to grow with the increased supply, key steps must be taken to stabilise the industry, including a collective effort across international borders. Recognising this need, Global Macadamias, South Africa’s largest macadamia processor, has rebranded to Marquis Macadamias (Africa) and joined forces with the Australia
Macadamia nut prices down for 2021 due to pandemic, strong Aussie dollar
SunSunday 7
MarMarch 2021 at 8:46pm
Australia s largest macadamia processor will pay a notional price of $5.10 a kilogram to its suppliers.
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Macadamia growers can rule out another year of record prices with a strong Australian dollar expected to deliver lower returns across the industry this season.
Key points:
The peak industry body says there is still room for growers to make good profits
A NSW grower says the new price is sustainable
After finishing up paying $6.20 last year, the country s largest macadamia processor has announced a notional price of $5.10 per kilogram nut-in-shell for 2021.
The
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According to this latest study, the 2020 growth of Macadamia Nuts will have significant change from previous year. By the most conservative estimates of global Macadamia Nuts market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 1286.4 million in 2019. Over the next five years the Macadamia Nuts market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 1544 million by 2025.