China: Pistachio Market Overview 2021

Pistachio Market Size in China

For the fifth consecutive year, the Chinese pistachio market recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption saw strong growth. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Pistachio Production in China

In value terms, pistachio production rose markedly to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% against the previous year. Pistachio production peaked in 2019 and is likely to see gradual growth in the immediate term.

The average yield of pistachios in China expanded modestly to X tonnes per ha in 2019, picking up by X% against the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the yield increased by X% against the previous year. The pistachio yield peaked in 2019 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of pistachios in China expanded to X ha, growing by X% against 2018. Over the period under review, the total harvested area indicated a strong expansion from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. 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 2007 indices. The most prominent rate of growth was recorded in 2010 when the harvested area increased by X% against the previous year. The pistachio harvested area peaked in 2019 and is likely to see gradual growth in years to come.

Pistachio Exports

Exports from China

In 2019, after two years of growth, there was decline in overseas shipments of pistachios, when their volume decreased by -X% to X tonnes. Overall, exports, however, saw notable growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, pistachio exports stood at $X in 2019. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for pistachio exports from China, with a X% share of total exports. Moreover, pistachio exports to the U.S. exceeded the volume sent to the second major destination, France (X tonnes), twofold. Hong Kong SAR (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Hong Kong SAR (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and France (+X% per year).

Export Prices by Country

The average pistachio export price stood at $X per tonne in 2019, almost unchanged from the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Poland ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Pistachio Imports

Imports into China

After four years of growth, purchases abroad of pistachios decreased by -X% to X tonnes in 2019. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2018, and then contracted modestly in the following year.

In value terms, pistachio imports amounted to $X in 2019. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

The U.S. (X tonnes) and Iran (X tonnes) were the main suppliers of pistachio imports to China, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in the U.S..

In value terms, the largest pistachio suppliers to China were the U.S. ($X) and Iran ($X), with a combined X% share of total imports.

In terms of the main suppliers, the U.S. saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2019, the average pistachio import price amounted to $X per tonne, remaining relatively unchanged against the previous year. Overall, the import price recorded a resilient increase. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Iran stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

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), with a combined 43% share 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 China?

+

In value terms, the largest pistachio suppliers to China were the U.S. ($216M) and Iran ($133M), together accounting for 98% of total imports.

What are the leading importers of pistachios from China?

+

In value terms, the U.S. ($8.8M) remains the key foreign market for pistachio exports from China, comprising 42% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($2.2M), with a 10% share of total exports. It was followed by France, with a 9.9% share.

What is the average export price for pistachios in China?

+

The average pistachio export price stood at $6,072 per tonne in 2019, approximately reflecting the previous year.

What is the average import price for pistachios in China?

+

In 2019, the average pistachio import price amounted to $6,433 per tonne, standing approx. at the previous year.