U.S.: Pistachio Market Overview 2021

Pistachio Market Size in the U.S.

The U.S. pistachio market shrank sharply to $X in 2019, reducing by -X% against the previous year. Overall, consumption recorded a pronounced increase. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2017 to 2019, the growth of the market failed to regain the momentum.

Pistachio Production in the U.S.

In value terms, pistachio production dropped rapidly to $X in 2019. In general, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2018, and then shrank rapidly in the following year.

In 2019, the average pistachio yield in the U.S. fell markedly to X tonnes per ha, which is down by -X% compared with 2018 figures. In general, the yield continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. Over the period under review, the average pistachio yield reached the peak level at X tonnes per ha in 2010; however, from 2011 to 2019, the 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 the U.S. was estimated at X ha, increasing by X% against 2018 figures. Overall, the harvested area recorded prominent growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The pistachio harvested area peaked in 2019 and is likely to see steady growth in the immediate term.

Pistachio Exports

Exports from the U.S.

In 2019, shipments abroad of pistachios increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, pistachio exports surged to $X in 2019. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

Hong Kong SAR (X tonnes), China (X tonnes) and Germany (X tonnes) were the main destinations of pistachio exports from the U.S., with a combined X% share of total exports. Belgium, Spain, Turkey, India, the Netherlands, the United Arab Emirates, Italy, Israel, Saudi Arabia and France lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Germany ($X) were the largest markets for pistachio exported from the U.S. worldwide, with a combined X% share of total exports. Belgium, Spain, India, the Netherlands, Turkey, Italy, the United Arab Emirates, Saudi Arabia, Israel and France lagged somewhat behind, together accounting for a further X the main countries of destination, the United Arab Emirates (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pistachio export price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, export price indicated pronounced growth from 2007 to 2019: its price 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 export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2019, the highest prices were recorded for prices to France ($X per tonne) and Italy ($X per tonne), while the average price for exports to Belgium ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Pistachio Imports

Imports into the U.S.

In 2019, overseas purchases of pistachios increased by X% to X tonnes, rising for the second year in a row after three years of decline. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, pistachio imports skyrocketed to $X in 2019. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of pistachio to the U.S., with a X% share of total imports. Moreover, pistachio imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), twofold. Turkey (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Turkey (+X% per year).

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

Among the main suppliers, Italy saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average pistachio import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for China ($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?

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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 accounting for 43% of global consumption.

What are the largest producers of pistachios in the world?

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The countries with the highest volumes of pistachio production in 2019 were Iran (338K tonnes), the U.S. (336K tonnes) and China (212K tonnes), together comprising 61% of global production.

What are the leading suppliers of pistachios to the U.S.?

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In value terms, the largest pistachio suppliers to the U.S. were Viet Nam ($9.1M), China ($8.7M) and Italy ($1.9M), together accounting for 91% of total imports.

What are the leading importers of pistachios from the U.S.?

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In value terms, Hong Kong SAR ($435M), China ($318M) and Germany ($200M) constituted the largest markets for pistachio exported from the U.S. worldwide, together comprising 51% of total exports. These countries were followed by Belgium, Spain, India, the Netherlands, Turkey, Italy, the United Arab Emirates, Saudi Arabia, Israel and France, which together accounted for a further 33%.

What is the average export price for pistachios in the U.S.?

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In 2019, the average pistachio export price amounted to $8,085 per tonne, picking up by 3.7% against the previous year.

What is the average import price for pistachios in the U.S.?

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In 2019, the average pistachio import price amounted to $12,276 per tonne, with an increase of 30% against the previous year.