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Live: Macadamia nuts projected to reach $1.75 billion in 2023 | Commodities Corner

In 2022, the global Macadamia Nuts market stood at a substantial $1.58 billion, with estimations indicating a promising surge to $1.75 billion by 2023. These projections are fueled by various factors contributing to the allure of macadamias in the market. One of the primary reasons for the premium pricing of Macadamia Nuts is the restricted supply chain. Cultivating these nuts is a labor-intensive process, resulting in relatively lower availability compared to other nuts. Only 1% of tree nuts worldwide contribute to the production of this nut. Catch Manisha Gupta in exclusive conversation with Jillian Laing, CEO, WMO to know more

first published: Nov 30, 2023 02:05 pm

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