MARKET REPORT
ALMOND MARKET UPDATE
Blue Diamond Almond Market Report — March 13 , 2026
OVERVIEW February’s position report reflected industry shipments meeting industry expectations, totaling 241 million pounds, up 12.2% year over year. February exports reached 196.1 million pounds, an increase of 23.5% compared to last year. Export shipments have now surpassed last year’s pace by 0.39% at 1.179 billion pounds. Domestic shipments for the month fell 19.9% behind prior year, resulting in year-to-date shipments of 339 million pounds, down 18.1%. Total industry shipments through February stand at 1.518 billion pounds, down 4.4% versus last year. With another month of strong sales, commitments continue to pace 2.8% ahead of last year. Recent geopolitical developments in the Middle East have introduced uncertainty into global trade flows. While underlying consumer demand across the region remains generally intact, disruptions to shipping routes and vessel schedules are creating widespread logistical disruptions across the GCC. Market participants are closely monitoring the situation and adjusting freight planning where necessary as alternative route options are evaluated.
SHIPMENTS India:
India shipped 41.3 million pounds in February, bringing year-to-date shipments to 213.1 million pounds, compared to 221.4 million pounds at the same time last year. This is a decline of roughly 4% year over year. Despite pacing being slightly behind last year, demand fundamentals in India remain generally supportive. Local inventories are believed to be relatively manageable, and retail prices have remained firm in several major trading hubs. However, buying activity has been somewhat inconsistent in recent weeks as importers monitor global price direction and broader macroeconomic conditions. Market participants are also closely watching currency movements and potential policy developments surrounding import duties, both of which can influence purchasing behavior.
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ALMOND FACTS
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