The price of a macaron cannot be explained by its ingredients. Almond flour is expensive, but it accounts for only a small part of the bill. What you are paying for is failed batches, work that has to be done one piece at a time, and a pastry that needs a day in the fridge before it can be sold.
Almonds are the only truly expensive ingredient
A macaron shell comes down to three ingredients: almond flour, icing sugar, and egg whites. The sugar and egg whites barely register in the calculation. Almond flour sells for between β¬13 and β¬18 per kilo, depending on how finely it is ground. The finest grade, which produces a smooth surface, is the most expensive. That is several times the price of wheat flour.
Per piece, that still amounts to only a few dozen cents: almonds explain the price difference compared with a mass-produced biscuit, not the price tag in a Parisian shop window. They have another, less discussed effect. Macarons are among the few classic French pastries that are naturally gluten-free, since they have never contained wheat flour.
What you are mostly paying for is what goes wrong
Macarons are among the few preparations where success or failure is all or nothing. A meringue beaten too stiff, three folds too many during macaronage, an oven that heats unevenly, and the shells crack, spread, or emerge without feet. There is no way to salvage them: the whole tray is lost, along with the ingredients and time.
Then there is a less obvious source of waste. Shells are matched in pairs of the same diameter, and those without a twin become scraps. The price a bakery charges for the macarons it sells therefore includes those it could not sell.

Work that has to be done one piece at a time
A cake takes roughly the same amount of work whether it serves six or twelve. Fifty macarons require the same actions fifty times over: pipe an even disc, tap the tray, pop the bubbles, match the shells, fill, and sandwich together.
The rest of the process cannot be shortened either. You need to sift the almond flour and icing sugar mixture to avoid graininess, cook a syrup to 118-120 Β°C when using Italian meringue, leave the shells to form a skin for 30 to 60 minutes depending on the humidity in the room, then bake at 150 Β°C for fifteen minutes. Many bakeries bake one tray at a time to maintain even heat, which limits daily production.

A twenty-four-hour wait before selling
A macaron filled in the morning will not taste right that same morning. It needs an overnight rest in the fridge, at least 24 hours, for the filling to moisten the inside of the shell. This rest creates a soft centre beneath a still-crisp surface; skip it, and you are left with a dry biscuit.
This maturation means producing a day ahead and tying up refrigerated storage space. Add to that something that breaks as soon as you squeeze it, and compartmented boxes that cost far more than a pastry bag. The great Parisian pΓ’tisseries layer on top of this what they are really selling: an address, a gift box, and a ribbon.

At home, the equation changes
A kilo of almond flour makes hundreds of shells, and above all, a failed batch is still edible. Cracked shells can still be filled, and scraps can be crushed into a tart base. You do not pay for the losses; you eat them.
For a first attempt, our lemon cream macarons start with an Italian meringue, which is more stable than French meringue, and a lactose-free filling firm enough to pipe. If the thought of matching sixty shells puts you off, the mango and raspberry macaron cake uses the same batter in two 9 cm discs: two shells to get right instead of thirty pairs.
The one non-negotiable is the scale: macarons do not forgive guesswork, and weighing to the nearest gram prevents half the mishaps. The rest of that kilo of almond flour can go into a pistachio-almond frangipane and raspberry tart, a gluten-free framboisier or some caramelised almonds. And if you are short of egg whites, potato protein meringue whips up just as well.

Guide developed with chef Rommel Reyes. Find his work on Instagram, his Substack newsletter and his YouTube channel.