Spain - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in Spain - 2023
Contents:
- Pistachio Price in Spain (CIF) - 2023
- Pistachio Price in Spain (FOB) - 2023
- Pistachio Imports in Spain
- Pistachio Exports in Spain
Pistachio Price in Spain (CIF) - 2023
The average pistachio import price stood at $9,697 per ton in August 2023, standing approximately at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 4.5% month-to-month. Over the period under review, average import prices attained the peak figure in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Iran ($19,837 per ton), while the price for the United States ($9,080 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Iran (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pistachio Price in Spain (FOB) - 2023
The average pistachio export price stood at $10,655 per ton in August 2023, reducing by -4.7% against the previous month. Over the period under review, the export price showed a mild curtailment. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 17% month-to-month. Over the period under review, the average export prices attained the peak figure at $13,734 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the UK ($25,080 per ton), while the average price for exports to France ($5,610 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports in Spain
In 2022, the amount of pistachios imported into Spain contracted modestly to 15K tons, which is down by -4.4% on the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8.4% against the previous year. As a result, imports reached the peak of 16K tons, and then shrank modestly in the following year.
In value terms, pistachio imports contracted slightly to $138M in 2022. In general, imports continue to indicate a mild contraction. The growth pace was the most rapid in 2020 with an increase of 1% against the previous year. As a result, imports reached the peak of $146M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Pistachio in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 109 | 108 | 101 | 90.7 | -5.9% |
Germany | 10.8 | 10.2 | 11.8 | 20.6 | 24.0% |
Iran | 18.3 | 13.9 | 12.2 | 10.4 | -17.2% |
Belgium | 0.2 | 0.9 | 3.8 | 6.9 | 225.5% |
Italy | 3.1 | 8.3 | 6.3 | 5.3 | 19.6% |
Others | 3.3 | 5.0 | 6.6 | 4.0 | 6.6% |
Total | 145 | 146 | 141 | 138 | -1.6% |
Top Suppliers of Pistachio to Spain in 2022:
- United States (10.6K tons)
- Germany (1.8K tons)
- Iran (1.1K tons)
- Belgium (0.8K tons)
- Italy (0.3K tons)
Pistachio Exports in Spain
For the fourth year in a row, Spain recorded growth in shipments abroad of pistachios, which increased by 29% to 2.7K tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 34% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, pistachio exports surged to $32M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Pistachio in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 7.1 | 7.1 | 7.8 | 8.0 | 4.1% |
France | 4.4 | 5.4 | 8.2 | 7.1 | 17.3% |
Germany | 1.6 | 1.5 | 0.8 | 3.4 | 28.6% |
Netherlands | 0.2 | 0.6 | 0.9 | 2.3 | 125.7% |
Portugal | 1.3 | 1.1 | 1.7 | 1.7 | 9.4% |
Poland | 0.1 | 0.3 | 0.8 | 1.6 | 152.0% |
Morocco | 0.3 | 1.8 | 1.6 | 1.5 | 71.0% |
Belgium | 1.1 | 0.7 | 0.9 | 0.7 | -14.0% |
Others | 1.4 | 3.7 | 4.1 | 6.0 | 62.4% |
Total | 17.4 | 22.1 | 27.0 | 32.2 | 22.8% |
Top Export Markets for Pistachio from Spain in 2022:
- Italy (643.1 tons)
- France (500.2 tons)
- Germany (305.8 tons)
- Netherlands (244.3 tons)
- Poland (237.9 tons)
- Morocco (179.6 tons)
- Portugal (148.8 tons)
- Belgium (42.4 tons)
This report provides an in-depth analysis of the pistachio market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
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In February 2023, the almond price amounted to $1,576 per ton (CIF, Spain), flattening at the previous month.
In October 2023, Hazelnut exports reached their peak with a value of $4.2M.
In February 2023, the hazelnut price amounted to $6,650 per ton (FOB, Spain), picking up by 2.2% against the previous month.
In November 2022, the chestnut price stood at $2,708 per ton (FOB, Spain), declining by -17.5% against the previous month.
Global pistachio market analysis from 2023 to 2030, including consumption trends, market performance, production, imports, and exports.
Pistachio prices are to keep moderately growing as global production is forecast to drop by 16% y/y to 829K tons in 2022. Lower outputs are expected in Iran and Turkey, while U.S. production is projected to gain 10% y/y to a record 523K tons, ensuring stable exports.
The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure...
Global pistachio consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the pistachio output was Iran (X thousand tons), accounting for X% of global production.
The sanctions imposed on Iran in X were partially lifted this year on January, X. Despite the toll taken on the Iranian economy by years under these measures, the country was able to maintain its world's highest rates of pistachio production, doubl