Global Nuts Market Weekly Summary

• Ghana's cashew sector is seeking to unlock additional value from cashew apples, which currently spoil rapidly and represent a significant source of waste and lost income. The MA Cash Initiative aims to extend their shelf life and develop new economic opportunities, while supply chain and financing structures that favor raw nut exports continue to limit domestic value addition.
• In the United States, pistachio production is expected to decline in 2026 due to adverse weather during the bloom cycle, increasing the availability of blank nuts. Similar production challenges are affecting Iran and Turkey, while declining orchard investment raises concerns about future supply. Turkey's hazelnut market remains relatively stable, supported by government pricing measures, although producers continue to face competition from Georgia and suppliers in the Americas.
• Australia's macadamia industry is repositioning itself around quality and sustainability, with the aim of strengthening its premium market position and establishing stronger global benchmarks. California's almond industry continues to benefit from steady demand, although flat performance and smaller kernel sizes remain challenges.
• Almond trade flows are also shifting. Australia's access to China has benefited from favorable trade arrangements, while US suppliers face tariff barriers and logistical challenges. Despite higher unit prices and broader economic pressures, demand for shelled almonds remains strong, pointing to changing consumption patterns and evolving relationships between buyers and suppliers.