What is the price of macadamia nuts per kilogram/pound in South Africa today?
The retail price range for South Africa macadamia nuts is between US$ 12.67 and US$ 18.51 per kilogram or between US$ 5.74 and US$ 8.40 per pound(lb). Click here to see today's exact prices of macadamia nuts in South Africa
The retail price range in Rand for macadamia nuts is between ZAR 246.11 and ZAR 359.70 per kilogram or between ZAR 111.61 and ZAR 163.13 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa macadamia nuts is between US$ 8.87 and US$ 12.96 per kilogram or between US$ 4.02 and US$ 5.88 per pound(lb).
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South Africa Macadamia Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Macadamia Nuts from South Africa has seen a steady increase over the last five years. In 2018, the price was 4.88 US dollars per kg, and in 2019 it was 4.42 US dollars per kg. The highest price was in 2020, when it was 5.92 US dollars per kg. The lowest price was in 2013, when it was 6.72 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Macadamia Nuts from South Africa in 2023 will be 8.91 US dollars per kg, and in 2024 it will be 9.34 US dollars per kg.
South Africa Macadamia Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Macadamia Nuts into South Africa has been fluctuating over the past five years. In 2016, the price was 8.50 US dollars per kg, which was the highest in the five year period. In 2017, the price dropped to 8.14 US dollars per kg, and then rose again to 8.90 US dollars per kg in 2018. In 2019, the price dropped to 8.46 US dollars per kg, and then rose again to 9.34 US dollars per kg in 2020. The most recent data shows that the price has risen to 10.15 US dollars per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Macadamia Nuts into South Africa will continue to rise in the next two years. It is expected that the price will reach 11.00 US dollars per kg in 2023 and 11.90 US dollars per kg in 2024.Export values for South Africa macadamia nuts
The total values in export for macadamia nuts in South Africa were US$ 185,235, US$ 246,946, US$ 312,380 and US$ 316,734 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in South Africa: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Kola Nuts & Areca (Betel) Nut.
See prices of macadamia nuts in other countries across Africa: Algeria macadamia nuts, Angola macadamia nuts, Botswana macadamia nuts, Burundi macadamia nuts, Cameroon macadamia nuts, Cape Verde macadamia nuts, Central African Republic macadamia nuts, Comoros macadamia nuts, DRC Congo macadamia nuts & Benin macadamia nuts.
South Africa macadamia nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa exported 115,069 tonnes of macadamia nuts. For 2019 alone, the demand for South Africa macadamia nuts (nuts category) has increased, with a change of 5.37 % compared to the year 2018. Between 2017 and 2019, macadamia nuts' exports went up by 4.34 pc netting the country US$316.73m for the year 2019. South Africa's macadamia nuts exports are classified as:
- Fresh or dried macadamia nuts, shelled (HS code 080262)
- Macadamia nuts, fresh or dried, whether or not shelled or peeled (HS code 080260)
- Fresh or dried macadamia nuts, in shell (HS code 080261)
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South Africa macadamia nuts export values
In 2019, South Africa supplied macadamia nuts valued at 316.73m USD, a growth of 1.39% from 2018's total macadamia nuts export of 312.38m USD. The annual growth in value of South Africa macadamia nuts between 2017 to 2018 was 26.497 percent.
The annual/yearly change in the quantity of South Africa's macadamia nuts exports between 2017 and 2019 was 4.34 pc when compared to a variation of 5.37% in the growth rate between 2018 and 2019.
South Africa's portion of the world's total macadamia nuts' exports in 2019 was less than 1%. South Africa holds number 46 in world exports of macadamia nuts.
Export markets for South Africa macadamia nuts ( in '000$ )
South Africa purchased 3,317 tonnes of macadamia nuts in 2019.
South Africa Macadamia Nuts Prices Down in 2024
According to a February 2024 report by Macadamias South Africa (Samac), the country will harvest 90,000 tonnes of macadamia nuts in 2024. This will register an increase of 11,909 tonnes from the 2023 harvest of 78,091 tonnes of shelled dry macadamia nuts. For this reason, 2024 prices are lower than in 2023. In late 2023, stores were selling raw macadamia nuts at prices starting from at least R333 ($17.80) per kg. The maximum prices has been hovering around R62.99 per 100 grams or R623 ($33.32) per kg. Supermarkets such as Checkers Hypermarket lured customers with their promo deals of R340 per kilo or R3.40 per 100g in the course of 2023.
Come early 2024, low-grade plain macadamia nuts cost around R249 ($13.04) per kg. A-graded whole fresh macadamia nuts on the other hand sold at around R300 ($15.73) per kg. The highest offer for raw nuts was R95 ($4.98) per 300 g or R316 ($16.55) per kg.
Six months later in October 2024, fresh raw macadamia nuts had become quite affordable at R209.99 ($11.87) per kg across most major stores. The price of A-grade whole fresh macadamia had cooled to R280 ($15.82) per kg. Buttered macadamia was retailing at R9.9 ($0.56) per 32 g or R312 ($17.62) per kg.
Roasted macadamia nuts of A-grade quality also sold at approximately R300 ($15.73) per kg while salted macadamia nuts was retailing n the region of R35.99 ($1.88) per 100 g or R360 ($18.86) per kg.
The prices for roasted and salted macadamia cooled from April through October 2024. October’s lower range for salted macadamia began at R125 ($7.07) per 500 g or R250 ($14.13) per kg. The middle range for roasted and salted offers commanded R9.99 ($0.56) per 30 g or R312 ($18.82) per kg. The highest average price for salted macadamia was R35.99 ($2.04) per 100 g or R360 ($20.35) per kg, same as in April.
South Africa macadamia nut grades
While transacting, it is is good to know that South Africa macadamia nuts have seven international grades. According to Nutcracker company, the top three grades include:
1. Style O/AA1. These are thicker than 20mm and almost all are whole.
2. Style 1/AA2. These have thicknesses between 16 and 20mm and 95% are whole.
3. Style 2/AW3. These include nuts 13mm thick, with 50% whole pieces.
The rest of the grades range from 13mm thick for the fourth grade, to chips as little as 3mm thick for the lowest grade.
South Africa is a top exporter of macadamia nuts
South Africa exported 291 million worth of macadamia nuts in 2022, and ranked first globally. It was followed by Australia ($214 million), and Kenya (109 million) in the top three. According to ITC, South Africa shipped macadamia nuts-in-shell, excluding shelled, worth $260 million in 2022, according to figures from the South Africa Revenue Authority. South Africa exports about 98% of its macadamia nuts. China is the top market for macadamia nuts from South Africa.