Why Macadamia Nuts Are So Expensive | So Expensive

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At $25 per pound, macadamia nuts are the world's most expensive nuts.The nuts keep breaking price records every year. Macadamia trees take 7 to 10 years to begin producing nuts, and the nuts can only be harvested a few times a year. Although the demand for the nuts has largely outpaced the supply, exporters worry that a bubble in the global macadamia industry is about to burst. Following is a transcript of the video: Macadamia nuts are the most expensive nuts in the world. A one pound bag can cost around $25, almost twice as much as other nuts like almonds, and they've been breaking price records year after year. Considered a high-quality dessert nut because of its rich, buttery flavor, macadamia nuts are a popular treat and a trendy import in countries like China and the United States. But why are macadamia nuts so expensive? The main reason is the slow harvesting process. While there are ten species of macadamia trees, only 2 produce the pricey nuts and it takes seven to 10 years for the trees to even begin producing nuts.The flowering trees originated in northeastern Australia and the nuts were eaten by the Australian aboriginal people. They called the trees "Kindal Kindal," but British colonists eventually renamed them macadamia, after Dr. John Macadam. Despite originating in Australia, macadamia trees were first commercially grown in Hawaii. Hawaii has the perfect climate for the trees– they need lots of rain, rich soil, and warm weather to thrive, which means regi

Published 2019-02-16 · Watch on YouTube ↗
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