ABA Almond Insights 22+23 | Page 21

World Almond Index

The World Almond Index provides an insight into the overall wholesale ( before shipping ) price average over the past year .
The Index is calculated against all almond varieties and sizes sold .
The Index has been calculated by Stratamarkets , which is a subscription-based service that provides clients with an independent analysis of the global almond market by tracking pricing trends on a weekly basis .
The Index price is a “ Free Alongside ” ( FAS ) global wholesale price average , not a farmgate return . It does not include shipping and is before primary and secondary processing and packing costs are deducted .
Footnote :
$ 2.5
$ 2
$ 1.5
$ 1
$ 0.5

WMC , US FAS , $/ lb

To calculate the Index in Australian dollars per kilogram , apply the following
process .
$ 0 .
Step 1 : US price per pound x 2.2046 = $ US per kilogram Step 2 : $ US price per kilogram divided by the Australian dollar ’ s
13 / 9 / 2022
13 / 10 / 2022
13 / 11 / 2022
13 / 12 / 2022
13 / 1 / 2023
13 / 2 / 2023
13 / 3 / 2023
13 / 4 / 2023
13 / 5 / 2023
13 / 6 / 2022
13 / 7 / 2023
13 / 8 / 2023
exchange rate against the $ US = Australian price / kilogram .
Example :
$ US2.00 / lb x 2.2046 = $ US4.41 / kg
$ US4.41 divided by $ AUD0.65 = $ AUD6.78 / kg ( FAS )
The index should only be used as a guide as pricing will vary from grower to
grower and is based solely on the information gathered by Stratamarkets .
For more information on Stratamarkets go to www . stratamarkets . com . au
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