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Tree Nut Situation Updates
 
 
This report updates the tree nut situation for selected countries published in the November 1999 issue of the World Horticultural Trade & U.S. Export Opportunities circular.
 
Almonds
 
Almond production in selected countries in 1999/2000 is forecast at a record 487,050 tons, less than 1 percent below the previous estimate and 63 percent above last year’s production. Lower estimates of the 1999/2000 Spanish almond crop accounted for the slight decrease from the November estimate. The forecast for the 1999/2000 U.S. crop remains at a record 376,500 tons, 60 percent above last year’s crop, due to good weather, increasing acreage, and the crop’s cyclical nature. Almond exports from selected countries in 1999/2000 are forecast at 264,800 tons, 20 percent above last year and 1 percent above the previous estimate, due to a slightly higher export forecast for the United States. U.S. exports from August 1999 through January 2000 (according to trade sources) totaled 134,540 tons, 31 percent above last season’s exports during the same period. Sales to date to the European Union, the largest U.S. market, are up 21 percent from last year. U.S. 1999/2000 ending almond stocks are forecast to decline slightly to 110,000 tons, due to the increase in export volume. These large reserves are due primarily to the Almond Board of California’s (ABC) effort to stabilize declining almond prices by reserving 22 percent of this year’s crop. Export prices for U.S. almonds are down 33 percent compared to the same period last year.
 
Walnuts
 
Walnut production in selected countries in 1999/2000 is estimated at 663,500, 10 percent above last year’s production and slightly below the November forecast, due to a slightly lower production estimate for Chile. The 1999/2000 U.S. walnut crop is estimated at a record 254,000 tons, 23 percent above the 1998/99 harvest. Walnut exports from selected countries in 1999/2000 are forecast at 182,470, 6 percent below the previous estimate, due to a slightly lower forecast for the United States. U.S. exports from August 1999 through December 1999 (according to the U.S. Bureau of Census) totaled 63,712 tons, a slight increase above the previous year’s shipments during the same time period. Although sales to the European Union, the largest U.S. market, are down 16 percent for 1999/2000 compared to this same period for 1998/99, sales to Japan and North America (Canada and Mexico) are up 50 and 77 percent, respectively.
 
Hazelnuts
 
The 1999/2000 hazelnut production estimate for selected countries has been decreased to 724,500 tons, 6 percent below the November forecast. This is due primarily to production decreases for Spain and Turkey. U.S. production remains at 34,500 tons, 145 percent above last season, due to the crop’s alternate bearing cycle. Total hazelnut exports from reporting countries in 1999/2000 are forecast at 459,000 tons, 1 percent below the November estimate, but 12 percent above 1998/99 exports. The decrease is due to lower export forecasts for Spain and the United States. The U.S. export forecast was decreased based on significantly fewer shipments to date compared with the volume for the same time period for prior years. Although sales to the European Union, the largest U.S. market, are down 51 percent for 1999/2000 compared to this same period for 1998/99, sales to Hong Kong are up 92 percent from the same period last year. The export forecast for Turkey remains unchanged at 400,000 tons, 15 percent above last year’s volume.
 
 
(The FAS Attache Report search engine contains detailed reports on Tree Nut Competition or Market Intelligence for 16 countries, including Spain, France, Chile, and Turkey. For information on production and trade, contact Lisa Anderson at 202-720-5028. For information on marketing, contact Ingrid Mohn at 202-720-5330.)
 


Last modified: Wednesday, February 20, 2002