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Macadamia nut merchants: China-Australia Free Trade Agreement will bring more business opportunities

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, According to the Australian Broadcasting Corporation on September 25, overseas sales of nuts in Australia increased sharply in the 2015-2016 fiscal year, and are expected to reach 600 million yuan. Among them, the Chinese market has a large number of Australian almonds, walnuts and Hawaiian fruits.

According to the Australian Broadcasting Corporation on September 25, overseas sales of nuts in Australia increased sharply in the 2015-2016 fiscal year, and are expected to reach 600 million yuan. Among them, Australian growers are particularly happy with the large demand for Australian almonds, walnuts and Hawaiian fruits in the Chinese market. With the advance of the China-Australia Free Trade Agreement, Australian farms will see more business opportunities.

Stahmann Farm, Australia's largest pecan grower, is reported to be a vertically integrated company. Its farm in New South Wales has more than 80,000 nut trees and its own nut processing facilities. The company also has a Hawaiian fruit farm in South Queensland.

"We find that the Chinese market is in great need of our products," said Genestor, the head of the company. Therefore, our focus is to increase the supply to the Chinese market. We hope to export 1000 tons of nuts to China, which accounts for 20 per cent of total production. "

Speaking at the Asian Century Conference in South Queensland, Mr Genestor pointed out that as the Australian dollar fell, nut exports would become a lucrative industry. With the advance of the free trade agreement between Australia and China, tariffs on nuts exported to China will be reduced, and there will be greater business opportunities in the future.

It is reported that the price of macadamia nuts in China has almost doubled since 2012. Most Chinese consumers like to buy nuts without shelling.

 
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