Macadamia International Market
release time:
2025-03-21
The presence of existing stock together with the prospect of higher domestic production in China in the fourth quarter of this year has buyers firm in their bids and responses to offers. However, China’s rapidly evolving consumer market suggests that the slow start to the year signals a more discerning approach by buyers rather than a drop in demand. A European-based trader recently highlighted the growing demand for smaller, coated whole-kernel products in China. Under domestic processing, this should mean increased demand for smaller NIS sizes of high quality that can produce volumes of 1S style. Suppliers may not feel hard-pressed by greater supply demands as the kernel market offers good returns at the moment, especially for whole styles.
A more even marketing split between NIS and kernel will increase the latter’s supply and could exert downward pressure on prices over time.
Given the long shelf life of macadamias, it will be important that increased supply is met with efforts to stimulate consumer demand for macadamias otherwise rebuilt buyer inventories may become an unexpected form of competition for suppliers in the days ahead. Both European and Chinese authorities are focused on stimulating economic growth in 2025 with the former cutting interest rates and the latter committing to achieving 5% growth this year and raising its fiscal deficit to allow for more spending. China is already showing improved consumer confidence despite overall negative sentiment. Reinvigorated consumer markets will assist with demand for macadamias.
Source:Internet
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