China: Pistachio Market 2024

Pistachio Market Size in China

The Chinese pistachio market fell notably to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, saw a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped rapidly in the following year.

Pistachio Production in China

In value terms, pistachio production expanded significantly to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of pistachios in China reduced modestly to X tons per ha, remaining stable against the year before. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The pistachio yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pistachios production in China shrank slightly to X ha, flattening at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the harvested area increased by X% against the previous year. The pistachio harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Pistachio Exports

Exports from China

In 2022, overseas shipments of pistachios were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pistachio exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for pistachio exports from China, accounting for a X% share of total exports. Moreover, pistachio exports to Hong Kong SAR exceeded the volume sent to the second major destination, Australia (X tons), fivefold. Vietnam (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Vietnam (X% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for pistachios exports from China, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average pistachio export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pistachio export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pistachio Imports

Imports into China

In 2022, approx. X tons of pistachios were imported into China; declining by X% against the year before. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell dramatically in the following year.

In value terms, pistachio imports reduced rapidly to $X in 2022. Overall, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest pistachio supplier to China, with a X% share of total imports. Moreover, pistachio imports from the United States exceeded the figures recorded by the second-largest supplier, Iran (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (X% per year) and Australia (X% per year).

In value terms, the United States ($X) constituted the largest supplier of pistachios to China, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the average pistachio import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pistachio import price increased by X% against 2020 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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