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

China: Pistachio Market Overview 2020

Pistachio Market Size in China

The revenue of the pistachio market in China amounted to $X in 2018, picking up by X% against the previous year. In general, pistachio consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Pistachio consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Pistachio Production in China

In value terms, pistachio production stood at $X in 2018 estimated in export prices. In general, pistachio production continues to indicate a strong increase. The growth pace was the most rapid in 2013 when production volume increased by X% year-to-year. Pistachio production peaked in 2018 and is expected to retain its growth in the immediate term.

Average yield of pistachios in China stood at X tonne per ha in 2018, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when yield increased by X% year-to-year. Pistachio yield peaked in 2018 and is expected to retain its 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.

Pistachio harvested area in China totaled X ha in 2018, surging by X% against the previous year. In general, the total harvested area indicated strong growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. 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 2007 indices. The most prominent rate of growth was recorded in 2010 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to pistachio production attained its peak figure in 2018 and is expected to retain its growth in the near future.

Pistachio Exports

Exports from China

In 2018, approx. X tonnes of pistachios were exported from China; reducing by -X% against the previous year. In general, pistachio exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2010 when exports decreased by -X% year-to-year. Over the period under review, pistachio exports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, pistachio exports amounted to $X in 2018. Over the period under review, pistachio exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2010 when exports decreased by -X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

China, Hong Kong SAR (X tonnes) was the main destination for pistachio exports from China, with a X% share of total exports. Moreover, pistachio exports to China, Hong Kong SAR exceeded the volume sent to the second major destination, Russia (X tonnes), twofold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

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

In value terms, the largest markets for pistachio exported from China were China, Hong Kong SAR ($X), Russia ($X) and Malaysia ($X), with a combined X% share of total exports. These countries were followed by Germany, Belgium, Brazil, Italy, Singapore, Saudi Arabia, Indonesia, Kazakhstan and Thailand, which together accounted for a further X terms of the main countries of destination, Saudi Arabia recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

The average pistachio export price stood at $X per tonne in 2018, leveling off at the previous year. Overall, the pistachio export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. In that year, the average export prices for pistachios attained their peak level of $X per tonne; afterwards, it flattened through to 2018.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to Kazakhstan ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Pistachio Imports

Imports into China

In 2018, the pistachio imports into China totaled X tonnes, standing approx. at the previous year. In general, pistachio imports continue to indicate modest growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, pistachio imports stood at $X in 2018. Over the period under review, pistachio imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

China, Hong Kong SAR (X tonnes), 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 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, Hong Kong SAR, while the other leaders experienced a decline.

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

In terms of the main suppliers, China, Hong Kong SAR recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average pistachio import price stood at $X per tonne in 2018, growing by X% against the previous year. In general, the import price indicated remarkable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pistachio import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for pistachios reached their peak figure at $X per tonne in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was Iran ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform