U.S. - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S. Pistachio Price Rises 2%, Averaging $7,586 per Ton
U.S. Pistachio Export Price in December 2022
In December 2022, the pistachio price stood at $7,586 per ton (FOB, US), increasing by 2.2% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 6.9% m-o-m. Over the period under review, the average export prices attained the maximum at $8,328 per ton in January 2022; however, from February 2022 to December 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In December 2022, the highest price was recorded for prices to Spain ($8,768 per ton) and Italy ($8,601 per ton), while the average price for exports to Turkey ($6,117 per ton) and Belgium ($6,375 per ton) were amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Pistachio Exports
In December 2022, approximately 16K tons of pistachios were exported from the United States; falling by -21.7% against the month before. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in March 2022 when exports increased by 56% month-to-month. Over the period under review, the exports reached the peak figure at 28K tons in June 2022; however, from July 2022 to December 2022, the exports stood at a somewhat lower figure.
In value terms, pistachio exports declined rapidly to $121M (IndexBox estimates) in December 2022. Overall, total exports indicated a tangible expansion from January 2022 to December 2022: its value increased at an average monthly rate of +4.2% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, exports decreased by -34.9% against October 2022 indices. The pace of growth appeared the most rapid in October 2022 with an increase of 51% against the previous month. Over the period under review, the exports reached the maximum at 202K tons in June 2022; however, from July 2022 to December 2022, the exports remained at a lower figure.
U.S. Pistachio Exports by Country
Turkey (1.9K tons), the United Arab Emirates (1.6K tons) and Germany (1.5K tons) were the main destinations of pistachio exports from the United States, together accounting for 31% of total exports. These countries were followed by India, Belgium, Saudi Arabia, China, Mexico, Vietnam, Italy, Spain, Israel and the UK, which together accounted for a further 53%.
From January 2022 to December 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +24.2%), while the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($12M), Turkey ($11M) and India ($11M) constituted the largest markets for pistachio exported from the United States worldwide, together accounting for 28% of total exports. These countries were followed by Germany, Saudi Arabia, Belgium, Mexico, China, Spain, Italy, Israel, Vietnam and the UK, which together accounted for a further 53%.
China, with a CAGR of +25.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Pistachio Market Overview
Pistachio prices in the United States have seen a significant increase in recent years. This is largely due to the increased demand for pistachios, both from within the country and from abroad. While the cost of pistachios has gone up, the quality of the nuts has also improved, making them a more popular choice for snacks and other foods.
As a result of the higher prices, many growers have been able to invest in better growing practices and facilities. This has resulted in an overall improvement in the quality of pistachios available on the market. In addition, growers have been able to expand their operations to meet the increasing demand.
The United States is one of the largest producers of pistachios in the world. In fact, California – which produces more than 80% of all US-grown pistachios – is currently the top producing region globally.
This report provides an in-depth analysis of the pistachio market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
