Macadamia Presentation

January 2013Presented by Kees Blokland

Content Introduction Growing areas Current supply worldwide Future supply Demand Price development 2012 highlights Key Factors for future

Global Trading & Agency BV Broker in nuts and dried fruits since 1993. Macadamias and Cashews are our core

products. Sourcing Macadamias and Cashews

worldwide for various customers. Strong relations with suppliers from South

Africa, Malawi & Kenya. Stockholding in Europe. A broker crazy about macadamias!

Macadamias – A global crop

Australia, South Africa, Hawaii, Kenya, Guatemala, Malawi, Brazil, China and many others.

Supply WorldwideYear 2008 2009 2010 2011 2012Australia 35.000 37.500 35.500 27.800 38.000South Africa 22.933 26.135 29.488 31.500 34.555Kenya 11.000 11.000 14.000 16.000 19.750USA 25.000 21.000 20.900 19.000 22.250Guatemala 6.250 7.500 6.000 7.250 7.290Malawi 5.890 4.914 8.020 5.369 5.222Brazil 4.583 5.500 3.450 3.450 4.420China 0 0 0 1.000 3.000Others 1.749 2.011 0 0 0World 115.821 118.226 117.358 111.369 134.747Difference in mton -3.075 2.405 -868 -5.989 23.378Difference in % -2,7% 2,0% -0,7% -5,4% 17,3%Carry-over 2.000 0 0 260 2.000

Supply Summary – International

Remarks: Australian crop has mainly faced some difficulties due to

weather conditions. South Africa has shown steady healthy growth. Kenya is growing steadily, but crackouts are much lower (20%

on average).

Future Supply

About 5% growth of production worldwide.

Remarks: Hot weather could

have an impact on the quality and volume from Australia.

China production is a guestimate.

Year 2012 Est. 2013Australia 38.000 40.000South Africa 34.555 37.000Kenya 19.750 20.000USA 22.250 21.000Guatemala 7.290 7.200Malawi 5.222 7.000Brazil 4.420 3.450China 3.000 5.000Others 0 0World 134.747 142.650Difference in mton 23.378 7.903Difference in % 17,3% 5,5%Carry-over 2.000

Is supply finally growing? China starts having a crop. Kenya is growing fast on kernels. More trees are getting into productions

in the new growing areas in South Africa. Bundaberg region in Australia is getting

in production.

Worldwide Demand

Consumption per capita vs income per capita

Price development

2012 Highlights

Decent crops in all growing areas. Continuous demand due to stable prices. Emerging markets (Asia) playing a

significant role in the macadamia industry. Product is seen as a premium product.

Growing consumer awareness.

Key Factors for Future Generic marketing Growth in supply. Demand from emerging markets. But very important will be maintaining

the existing markets!

Thank you very much for your attention!