International demand for Australian almonds leads to large export investment
The almond industry and Hort Innovation are working together to prime the Australian almond sector f…The almond industry and Hort Innovation are working together to prime the Australian almond sector for growth amid a 118 per cent rise in overseas demand over the past decade. From exporting 52,795 tons in 2013 to 115,049 tons in 2022, the almond industry is gearing up for further expansion. The $7 mln program aims to increase almond exports by at least 50,000 tons over the next three years and push export sales beyond $1 billion.
Hort Innovation chief executive officer Brett Fifield said this investment represents the almond industry’s strongest international presence yet. “Trade development programs are a key tool to grow demand for Australian produce in international markets,” he said. “This $7M program will take the almond industry’s exports to the next level. The almond industry have already seen significant growth in their export figures over the past 20 years, and this investment clearly signals that they are not slowing down anytime soon.”
The program will support the almond industry in their export ambitions through a range of market access and development activities such as participation in trade shows and missions, educational messaging about health benefits and engagement with key trade stakeholders.