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California Almond Industry Overview Key Industry Statistics. Growing Places…. Almonds are California’s number one tree nut crop.
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Growing Places… • Almonds are California’s number one tree nut crop. • During the 2008-2009 crop year, approximately six thousand growers located throughout the Central Valley of California produced 1.615 billion pounds of almonds on 680,000 bearing acres. • 2009-2010 crop year is estimated to be 710,000 bearing acres. • There are approximately 100 Almond Handlers in California.
Bearing Acres - Hectares 283,300 Bearing acreage for FY 09/10 is estimated to be 287,300 hectares 267,100 242,800 202,300 166,300 161,900 132,300 121,400 100,300 80,900 68,800 40,500 37,000
Bearing Acres 700,000 Bearing acreage for FY 09/10 is estimated to be 710,000 acres 660,000 600,000 500,000 411,000 400,000 327,000 300,000 248,000 200,000 170,000 100,000 91,400
CA Almond Production (Million Lbs) Source: Almond Board of California
Important California Export • 80% of worldwide production • Shipments: 30% U.S. 70% Export • Export to 90+ countries • Top U.S. Specialty Crop Export • California’s #1 agricultural export (value basis)
Competing Nuts Marketable Production 2008/09 Source: USDA, Economic Research Service, Fruit & Tree Nut Situation and Outlook.
California Almond Shipments Historically, exports have accounted for about 70% of shipments, with 30% consumed in the U.S. Source: Almond Board of California, Fiscal Year August-July Basis
Top World Destinations 2008/09 Source: Almond Board of California, Fiscal Year August-July Basis
California Almond Exports by Region Source: Almond Board of California, FY 2008/09 ending July 31, 2009
Top 10 Export DestinationsMillion Pounds Source: Almond Board of California, FY 2008/09 ending July 31, 2009
Nutrition Research Discover and document health and nutritional benefits Industry On-Going Commitment, Investment Consumer Research Understand consumer attitudes Industry Research Track and improve production Market Research Understanding market opportunities and threats • Heart health Nine clinical studies over the last 13 years have shown that almonds can lower cholesterol as part of a diet low in saturated fat • Weight management Recent studies indicate that almonds may improve satiety and can be eaten without the fear of weight gain • Environmental research • Production research • Technical/Functional research