There are more than 19 million almond trees growing in Australian soil across four states. The majority are in the Riverina region of Victoria and South Australia, with their Mediterranean climate. While California is the world’s largest producer of almonds, Australia comes in second place, contributing eight percent of the global almond market. The Australian almond crop itself is worth US$800 million.
The pure quality of Australian almonds have made them one of the country’s top exports. The industry enjoys steadily growing figures both at home and abroad, with exports up by 213 percent over the last decade.
Select Harvests, Australia’s second-largest almond company, has a strong farming base, an industry-leading processing facility and a firm strategy for success. “The last two seasons have seen the company deal with challenging weather conditions including floods last October, which impacted crop size and quality,” explains David Surveyor, CEO of Select Harvests. “We need to manage the reality of these events but not lose sight of the fact that we have got fundamentally great assets. We need to position ourselves for growth.”
Source: theceomagazine.com