Korean tariff reductions mean big business for Australian macadamias

The Australian Macadamia Society (AMS), the peak industry body for the Australian macadamia industry, has welcomed a new free trade agreement (FTA) with South Korea that will see the tariff on macadamia exports reduced from 30 per cent to just 18 per cent by 1 January 2015 and tariff-free by January 2018.

The new agreement comes into force today with an immediate 6 percent tariff reduction followed by a second reduction on 1 January 2015.

The exciting new development follows several years of hard work from the Australian macadamia industry which has set its sights on Korea as an important new market for this iconic Australian native plant food and has since invested over $A1.3 million to introduce macadamia nuts to Korean consumers.

“The Australian macadamia industry is the world market leader in the supply of kernel and the AMS has lobbied extensively to achieve this excellent result, which will see us strengthen our position in this major market.

“The reduced tariff means the price of Australian macadamias in Korea will drop allowing more Korean consumers to afford and enjoy this Australian delicacy,” AMS CEO Mr Jolyon Burnett said.

Macadamias are on their way to becoming a firm favourite in Korea, with total imports increasing by 215 per cent over the last five years and exports reaching 253 tonnes with a value of $3.8 million per annum.

With the new tariff in place, the AMS expects the Korean market to grow over the next decade with the potential to be reach a similar consumption per head to the Japanese market. This would result in a market of about 2,500 tonnes of kernel per annum with a value of about $41 million.

Today’s news caps off a big year for the Australian macadamia industry. FTAs were also announced with China and Japan (the two largest export countries), adding fuel to the already booming Asian demand for Australian macadamias.

“As well as consumers’ increasing awareness of the health benefits of nuts in relation to heart disease, diabetes and weight management, these growing Asian markets place a high priority on clean, green production and appreciate the premium product Australia can deliver,” says Mr. Burnett.

Australia is the birthplace of macadamias and this year marks the 40th anniversary of the delicious nut’s commercial production dating back to 1974. From humble beginnings, the industry now has over 650 growers who produce around 40,000 tonnes of nuts-in-shell each year, of which 70 per cent is exported to more than 40 countries around the world. Macadamias’ reputation and appeal have been built on their unique creamy, buttery flavour and texture, which is a source of great pride amongst those involved in the industry.

ENDS

Lynne Ziehlke
Market Development Manager
Australian Macadamia Society
lynne.ziehlke@macadamias.org
Phone: 02 6622 4933

About Australian Macadamia Society: The Australian Macadamia Society is a body of approximately 650 Australian members representing all facets of the macadamia industry in Australia. Whilst the majority of members are growers, membership also includes such diverse occupations as processors, administrators, business people, investors, marketers, consultants, researchers, engineers, teachers and other macadamia enthusiasts.

It is estimated that 80% of Australian growers are members of the Society and that they produce 96% of the Australian annual production, around 40,000 tonnes. The AMS was founded with the objectives of promoting and coordinating all aspects of the industry, to encourage free exchange of ideas and information and to foster goodwill among members.

마카다미아 리뷰 구독하기

월간 e-뉴스레터
구독하기

최신 소식

See more news

화려한 파트너십으로 더욱 풍성해지는 호주 마카다미아 스토리

인플루언서 마케팅은 최신 마케팅 기법 중에서 인상적인 결과를 도출할 잠재력을 지닌 강력한 도구로 떠올랐다. 높은 인기를 누리는 인물들의 신뢰도를 발판으로 삼아 진솔하면서도 영향력 있는 방식으로 브랜드와 목표 고객을 이어주는 인플루언서 마케팅은 우리의 발자취를 세계적인 범위로 확장하는데 유용하다는 점에서 호주 마카다미아 마케팅 전략의 효과적인 구성 요소임이 입증되었다.

호주 마카다미아 수확 뒤 비하인드 스토리

호주 마카다미아 산업에는 약 800여명의 재배자가 종사하고 있으며, 이들은 주로 호주 동해안을 따라 뻗어있는 풍부하고 비옥한 재배 지역에 위치해 있다. 지금은 수확이 본격화되어 일년 중 가장 바쁜 시기이다.

오해는 이제 그만: 과학적 연구로 확인된 견과류와 체중 증가에 관한 진실

식단 관련 유행이 시시각각 변하는 와중에도 한 가지 사실은 변하지 않는다. 바로 견과류가 풍미와 식감, 건강상 이점을 모두 갖춘 영양의 보고라는 점이다. 식품으로서의 매력과 더불어 이미 입증된 건강상의 장점이 있음에도, 견과류가 원치 않는 체중 증가를 유발한다는 근거 없는 오해는 여전히 불식되지 않고 있다. 그러나 최근의 여러 과학적 연구를 통해 이러한 통념이 잘못되었다는 사실이 분명히 드러났다.

SUBSCRIBE TO THE MACADAMIA REVIEW

and be the first to know about the latest news from the Australian macadamia industry.

  • 이 양식을 제출함으로써 저희가 연락을 드릴 수 있도록 귀하의 개인정보를 수집하는 데 동의하였음을 확인합니다. 상세 내용은 저희 개인정보 처리 방침을확인 바랍니다. privacy policy