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

Australia: Pistachio Market Overview 2020

Pistachio Market Size in Australia

The revenue of the pistachio market in Australia amounted to $X in 2018, rising by X% against the previous year. Over the period under review, pistachio consumption, however, continues to indicate skyrocketing growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Pistachio consumption peaked in 2018 and is likely to see steady growth in the near future.

Pistachio Production in Australia

In value terms, pistachio production stood at $X in 2018 estimated in export prices. Over the period under review, pistachio production continues to indicate an outstanding expansion. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. In that year, pistachio production attained its peak level and is likely to continue its growth in the immediate term.

In 2018, the average pistachio yield in Australia totaled X tonne per ha, going up by X% against the previous year. In general, the yield indicated a prominent increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, the average pistachio yield attained its peak figure level in 2018 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of pistachios were harvested in Australia; rising by X% against the previous year. In general, the total harvested area indicated prominent growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pistachio harvested area increased by +X% against 2014 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. In that year, the pistachio harvested area reached its peak level of X ha. From 2012 to 2018, the growth of the pistachio harvested area failed to regain its momentum.

Pistachio Exports

Exports from Australia

In 2018, the exports of pistachios from Australia stood at X tonnes, picking up by X% against the previous year. Over the period under review, pistachio exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. In that year, pistachio exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, pistachio exports totaled $X in 2018. Overall, pistachio exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, pistachio exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China (X tonnes) was the main destination for pistachio exports from Australia, with a X% share of total exports. Moreover, pistachio exports to China exceeded the volume sent to the second major destination, China, Hong Kong SAR (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Thailand (-X% per year).

In value terms, China ($X) remains the key foreign market for pistachio exports from Australia, comprising X% of total pistachio exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Thailand (-X% per year).

Export Prices by Country

In 2018, the average pistachio export price amounted to $X per tonne, surging by X% against the previous year. Overall, the pistachio export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. In that year, the average export prices for pistachios reached their peak level and is likely to continue its growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Pistachio Imports

Imports into Australia

In 2018, the imports of pistachios into Australia stood at X tonnes, declining by -X% against the previous year. In general, pistachio imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, pistachio imports amounted to $X in 2018. In general, pistachio imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, pistachio imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest supplier of pistachio to Australia, with a X% share of total imports. Moreover, pistachio imports from the U.S. exceeded the figures recorded by the second-largest supplier, Iran (X tonnes), twofold. China, Hong Kong SAR (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+X% per year) and China, Hong Kong SAR (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of pistachio to Australia, comprising X% of total pistachio imports. The second position in the ranking was occupied by Iran ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+X% per year) and Jordan (X% per year).

Import Prices by Country

In 2018, the average pistachio import price amounted to $X per tonne, going up by X% against the previous year. Overall, the pistachio import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% year-to-year. In that year, the average import prices for pistachios reached their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average import prices for pistachios remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the countries with the highest prices were the U.S. ($X per tonne) and Iran ($X per tonne), while the price for China, Hong Kong SAR ($X per tonne) and the United Arab Emirates ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform