Wednesday, 6 December 2017

China ๐Ÿ‡จ๐Ÿ‡ณ fuels macadamia nut boom ๐Ÿ‘ in South Africa​

The lush Limpopo Valley region of South Africa is known as a haven of exotic wildlife and fruit trees.

But the traditional crops of guava and avocado are making way for more popular produce: macadamia nuts. 
South Africa has swiftly become one of the world's leading producers of the nut. Production rose from 3,000 tons in 1996 to over 40,000 tons in 2015, and almost 4,000 hectares of new trees are added each year. 
The vast majority of the nuts are exported, and increasingly it is China that is fueling the boom, buying up 40% of the total haul according to China's National Industry Association (CSNC). 
Demand for macadamias has been particularly strong in the special administrative region of Hong Kong. 
"In the last seven years that we purchased macadamia nuts we have had growth of around 25% every year," Ben Chan, purchasing supervisor at Hong Kong-based retailer HK JEBN, told CNN.

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