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World - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Pistachios - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Sep 30, 2020

The Pandemic Undermines Robust Growth of the Global Pistachio Market

IndexBox has just published a new report: 'World - Pistachios - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed resilient growth, driven by both the increases in prices and in the volume of consumption in physical terms.

Pistachios are a well-known product in the Middle East and in the U.S. where they are largely grown. Being imported, the product is also widely consumed worldwide. Thus, the countries with the highest volumes of pistachio consumption in 2019 were Iran (490K tons), Turkey (263K tons) and the U.S. (255K tons), with a combined 67% share of global consumption.

From 2013 to 2019, the biggest increases were in Iran, while pistachio consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest pistachio markets worldwide were Iran ($3.7B), the U.S. ($2B) and Turkey ($1.6B), with a combined 69% share (IndexBox estimates) of the global market.

The countries with the highest levels of pistachio per capita consumption in 2019 were Iran (5.90 kg per person), Turkey (3.18 kg per person) and Hong Kong SAR (3.12 kg per person).

Like other nuts, pistachios are consumed primarily as a snack. In addition, thanks to its distinctive taste, flavor and color, those nuts are widely used in pistachio-flavored products, in a bid to benefit on flavor. The changing consumer lifestyle, rapid urbanization and increasing disposable incomes promote the demand for on-the-go healthy convenience foods and snacks which includes pistachios. Moreover, the nuts also are recognized by vegan and highly health-conscious consumers.

Accordingly, population growth remains a fundamental market driver, combined with increases in disposable income, which in turn will contribute to enhanced consumer spending. Increasing preference for healthy food and rising health awareness is also supporting the pistachio market growth.

Until 2020, the global economy has been developing steadily for five years, which created a favorable environment for the pistachio market growth. In early 2020, however, the global economy entered a period of the crisis caused by the outbreak of the COVID-19 pandemic. In order to battle the spread of the virus, most countries in the world implemented quarantine measures that put on halt production and transport activity, which undermined economic growth heavily throughout the world.

In the context of falling incomes, consumers primarily tend to exclude non-staple goods from purchases, which include pistachios. Thus, a sharp drop in household incomes is a powerful factor that will restrain the pistachios market in the medium term. In addition, the closure of the HoReCa sector limits the growth in the consumption of pistachios as ingredients for various foods and snacks.

In the countries of the Middle East, where pistachios are locally available and are staple food products, the impact of the crisis on domestic demand should be less significant. At the same time, the pistachios industry in large producing countries (the U.S., Iran, Turkey) is largely export-oriented, therefore, a decrease in demand in non-producing countries can hurt local producers.

Given the above-mentioned prerequisites, the global pistachio market is expected to contract somewhat in 2020 and then to begin a slow growth on the backdrop of a gradual recovery of the global economy from the pandemic. In the medium term, the market is expected to grow modestly, with an anticipated CAGR of +1.1% for the period from 2019 to 2030, which is projected to bring the market volume to 1.7M tons by the end of 2030.

Production

In 2019, approx. 1.5M tons of pistachios were produced worldwide; growing by 8.1% compared with 2018. Over the period under review, the total production indicated a prominent expansion from 2013 to 2019: its volume increased at an average annual rate of +13.8% over the last six-year period. The generally positive trend in terms of pistachio output was largely conditioned by the strong growth of the harvested area and a buoyant expansion in yield figures.

The countries with the highest volumes of pistachio production in 2019 were Iran (571K tons), the U.S. (484K tons) and Turkey (267K tons), together accounting for 88% of global production.

Harvested Area and Yield

In 2019, the global harvested area of pistachios rose rapidly to 804K ha, increasing by 6.6% against 2018 figures. The harvested area increased at an average annual rate of +5.7% over the period from 2013 to 2019. In 2019, the global average pistachio yield amounted to 1.9 tons per ha, stabilizing at the previous year's figure. Over the period under review, the yield indicated resilient growth from 2013 to 2019: its figure increased at an average annual rate of +7.7% over the last six-year period.

Imports

In 2019, approx. 439K tons of pistachios were imported worldwide; surging by 15% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.2% over the period from 2013 to 2019. In value terms, pistachio imports rose significantly to $3.4B (IndexBox estimates) in 2019.

Imports by Country

In 2019, China (113K tons), distantly followed by Hong Kong SAR (65K tons), Germany (45K tons) and India (23K tons) were the largest importers of pistachios, together constituting 56% of total imports. Italy (18K tons), Belgium (15K tons), Spain (15K tons), Russia (10K tons), Saudi Arabia (10K tons), Israel (9.8K tons), Luxembourg (8.5K tons) and France (8.3K tons) occupied a little share of total imports.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest pistachio importing markets worldwide were China ($809M), Hong Kong SAR ($496M) and Germany ($436M), with a combined 51% share of global imports.

Import Prices by Country

In 2019, the average pistachio import price amounted to $7,794 per ton, falling by -2.4% against the previous year. Global import price peaked at $8,208 per ton in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Italy ($10,948 per ton), while Israel ($4,799 per ton) was amongst the lowest.

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Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global pistachio market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 223 - Pistachios

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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