The 2022 global macadamia crop is forecast to finish at 300,213 tons @ 3.5% moisture, up from 241,420 tons in 2021. All origins except Hawaii and Australia are reporting an increase in production compared to last year, with the largest increases coming from South Africa and China.
The Macadamias South Africa (SAMAC) forecast for 2022 production is 70,139 tons @ 3.5% moisture, up from 53,320 tons in 2021. China is forecasting a crop of 62,500 tons @ 3.5% moisture for 2022, however many reports suggest a result up to 20% below this.
Overall global demand for macadamias continued to rise in the 12 months to September 2022. Global imports to the top 5 kernel markets were up 16% (24,349 tons to 28,160 tons). All markets experienced growth, except for the domestic market.
Global in-shell imports to China/ Hong Kong for the period MAT October 2021 to September 2022 were reported at 40,519 tons (+3% on prior period). The two major importers of in-shell into China/Hong Kong remain South Africa and Australia. However Australian imports dropped back to 10,577 tons (26% share of total nut-in-shell imports) and South Africa hit a high of 18,041 tons (45% share).
