
Australia - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Pistachio Market Overview 2021
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Pistachio Market Size in Australia
The Australian pistachio market skyrocketed to $X in 2019, rising by X% against the previous year. In general, consumption posted buoyant growth. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Pistachio consumption peaked at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.
Pistachio Production in Australia
In value terms, pistachio production expanded sharply to $X in 2019 estimated in export prices. In general, production saw a prominent expansion. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2019 and is likely to see steady growth in the near future.
The average yield of pistachios in Australia declined modestly to X tonnes per ha in 2019, remaining relatively unchanged against the previous year. Over the period under review, the yield, however, posted a measured increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha. From 2009 to 2019, the growth of the average pistachio yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of pistachios production in Australia reached X ha, growing by X% on 2018. Overall, the total harvested area indicated a perceptible expansion from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pistachio harvested area increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, the harvested area attained the peak level of X ha. From 2012 to 2019, the growth of the pistachio harvested area remained at a somewhat lower figure.
Pistachio Exports
Exports from Australia
In 2019, after three years of growth, there was significant decline in shipments abroad of pistachios, when their volume decreased by -X% to X tonnes. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes, and then declined rapidly in the following year.
In value terms, pistachio exports reduced notably to $X in 2019. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of $X, and then reduced rapidly in the following year.
Exports by Country
China (X tonnes) was the main destination for pistachio exports from Australia, accounting for a X% share of total exports. Moreover, pistachio exports to China exceeded the volume sent to the second major destination, India (X tonnes), ninefold.
From 2007 to 2019, the average annual rate of growth in terms of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and New Zealand (-X% per year).
In value terms, China ($X) remains the key foreign market for pistachio exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and New Zealand (+X% per year).
Export Prices by Country
In 2019, the average pistachio export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X% y-o-y. The export price peaked in 2019 and is expected to retain growth in years to come.
Average prices varied noticeably for the major export markets. In 2019, the country with the highest price was New Zealand ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports
Imports into Australia
In 2019, the amount of pistachios imported into Australia skyrocketed to X tonnes, picking up by X% compared with the previous year's figure. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.
In value terms, pistachio imports skyrocketed to $X in 2019. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in the immediate term.
Imports by Country
In 2019, the U.S. (X tonnes) constituted the largest pistachio supplier to Australia, accounting for a X% share of total imports. Moreover, pistachio imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X tonnes), more than tenfold. The third position in this ranking was occupied by Hong Kong SAR (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Hong Kong SAR (+X% per year).
In value terms, the U.S. ($X) constituted the largest supplier of pistachio to Australia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Viet Nam, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Viet Nam (+X% per year).
Import Prices by Country
In 2019, the average pistachio import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price, however, showed noticeable growth. The pace of growth was the most pronounced in 2015 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for pistachios in the world?+
The countries with the highest volumes of pistachio consumption in 2019 were China (264K tonnes), Iran (259K tonnes) and the U.S. (108K tonnes), together comprising 43% of global consumption.
What are the largest producers of pistachios in the world?+
The countries with the highest volumes of pistachio production in 2019 were Iran (338K tonnes), the U.S. (336K tonnes) and China (212K tonnes), with a combined 61% share of global production.
What are the leading suppliers of pistachios to Australia?+
In value terms, the U.S. ($24M) constituted the largest supplier of pistachio to Australia, comprising 87% of total imports. The second position in the ranking was occupied by China ($1.6M), with a 5.6% share of total imports. It was followed by Viet Nam, with a 3.4% share.
What are the leading importers of pistachios from Australia?+
In value terms, China ($7.1M) remains the key foreign market for pistachio exports from Australia, comprising 85% of total exports. The second position in the ranking was occupied by India ($785K), with a 9.4% share of total exports.
What is the average export price for pistachios in Australia?+
In 2019, the average pistachio export price amounted to $9,929 per tonne, increasing by 42% against the previous year.
What is the average import price for pistachios in Australia?+
In 2019, the average pistachio import price amounted to $10,345 per tonne, with a decrease of -7.1% against the previous year.
This report provides an in-depth analysis of the pistachio market in Australia. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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