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Almond
- 1. Almond PRESENTED BY : Sneha Dalvi
- 2. INTRODUCTION • Almond (prunus dulcis) is A species of tree of the genus prunus, belonging to the subfamily prunoideae of the family rosaceae and native to the middle east. • Also known as the king of nuts, is a highly nutritious tree nut • The largest traded dry fruit across the globe. • An integral part of India's cultural and culinary heritage, • Considered a prized brain food. • Key ingredient in traditional Indian sweets, as well as popular for gifting during festive seasons such as Diwali.
- 4. ALMOND LIFECYCLE Downtime Bloom Pollination Growing Up Cracking Open Harvest
- 6. VALUE CHAIN
- 7. Indian Scenario • The annual rate of increase in india's domestic consumption of almonds is reported to be around 20%. • More than 95% of almonds consumed by indians is imported with more than 80% of imports being sourced from california. • India has as domestic production of sweet almonds is only around 1,200 tonnes. • Other almond trees present in the country are of non-descript variety and mostly produce bitter almonds. • India imports almonds with shells and processes it domestically.
- 8. Cont…… • Major country from which India imports almonds is Australia. • The Indian festival season extending from September to December is the peak consumption period for almonds, with maximum demand witnessed in November. • Thus heavy imports of new Californian almonds are seen from September to meet the strong domestic demand during the festival season. • Imports from Australia pick up during April and may after the harvesting season in that country.
- 9. Global Scenario • Annual global sweet almond production range of 7 - 8.5 lakh tones. • Crop year is from august to july. • United states of america is the single largest producer • Country contributing to over 80% of the global almond production. • Single largest variety planted in california.
- 10. • Production is reported to be 38% of the total output, followed by carmel (12%), monterey (10%), butte/padre (9%) and butte (8%). • World's largest almond handler is the blue diamond growers cooperative, which is located in sacramento, california. • Australia, turkey, chile, european union, china and india with a production of 26,000 tonnes, 16,000, 9500, 79,800, 1,500 and 1,200 tonnes on a shelled basis in 2008-09. • Spain is the single largest producer in the european union.
- 11. • The annual trade in almonds has been around 4.6 lakh tones (on shelled basis) • The major exporters are US, Australia and Chile with exports of 4,40,000 tones, 12,300 tones and 6,700 tones (on shelled basis) in 2008- 09. • European union, India, japan, Canada and turkey are the major importers with imports of 2,00,000 tones, 45,000 tons, 21,000 tons, 19,000 tones and 14,000 tones in 2008-09. • The peak harvesting period of the Californian crop starts from mid- august and extends till September that of Australian crop occurs between February and April.
- 12. Major Indian Trading Centres • Mumbai • New Delhi
- 13. Factors Influencing Prices • Production and supply demand scenario in major exporting countries like U.S.A and Australia. • Stock available with the major traders in the domestic market. • Festive season demand. • Government intervention is low due to non essential nature of the commodity.
- 14. Top Countries Producing Almond Rank Country Production(million tons) 1 USA 1.41 2 Spain 0.22 3 Iran 0.16 4 Morocco 0.10 5 Italy 0.086 6 Syria 0.073 7 Tunisia 0.063 8 Turkey 0.055 9 Algeria 0.044 10 China 0.038
- 16. Future Prospect • India's domestic production is miniscule at 1200 MT, in jammu & kashmir and parts of himachal pradesh and uttarakhand. • Imports 98% of its almond requirements. • India ranks 3rd in the world in imports and consumption of almond. • Estimated market size of almond is rs 1400-1600 crores.