U.S. - Pistachios - Market Analysis, Forecast, Size, Trends and Insights

U.S.: Pistachio Market Overview 2019

Pistachio Market Size in the U.S.

The revenue of the pistachio market in the U.S. amounted to $X in 2018, rising by X% against the previous year. In general, pistachio consumption continues to indicate moderate growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Pistachio consumption peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Pistachio Production in the U.S.

In value terms, pistachio production stood at $X in 2018. Over the period under review, pistachio production continues to indicate a remarkable expansion. The growth pace was the most rapid in 2010 when production volume increased by X% y-o-y. Over the period under review, pistachio production reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

In 2018, the average pistachio yield in the U.S. stood at X tonne per ha, coming down by -X% against the previous year. In general, the pistachio yield continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the average pistachio yield attained its peak figure level at X tonne per ha in 2010; however, from 2011 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the pistachio harvested area in the U.S. stood at X ha, surging by X% against the previous year. Overall, the pistachio harvested area continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to pistachio production reached its maximum in 2018 and is likely to see steady growth in the near future.

Pistachio Exports

Exports from the U.S.

Pistachio exports from the U.S. stood at X tonnes in 2018, approximately equating the previous year. Overall, pistachio exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, pistachio exports amounted to $X in 2018. Overall, pistachio exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Germany (X tonnes), Belgium (X tonnes) and China, Hong Kong SAR (X tonnes) were the main destinations of pistachio exports from the U.S., with a combined X% share of total exports. The Netherlands, China, Spain, Israel, Italy, the UK and France lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and China, Hong Kong SAR ($X) were the largest markets for pistachio exported from the U.S. worldwide, together comprising X% of total exports. These countries were followed by the Netherlands, China, Spain, Israel, France, Italy and the UK, which together accounted for a further X UK experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average pistachio export price amounted to $X per tonne, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. Over the period under review, the average export prices for pistachios reached their peak figure at $X per tonne in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were France ($X per tonne) and the UK ($X per tonne), while the average price for exports to China, Hong Kong SAR ($X per tonne) and Israel ($X per tonne) were amongst the lowest.

From 2007 to 2018, 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 the U.S.

Pistachio imports into the U.S. stood at X tonnes in 2018, rising by X% against the previous year. Over the period under review, pistachio imports, however, continue to indicate a drastic deduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, pistachio imports stood at $X in 2018. Over the period under review, the total imports indicated modest growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pistachio imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, pistachio imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China, Hong Kong SAR (X tonnes) constituted the largest supplier of pistachio to the U.S., with a X% share of total imports. Moreover, pistachio imports from China, Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), threefold. Greece (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China, Hong Kong SAR totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Greece (+X% per year).

In value terms, China, Hong Kong SAR ($X) constituted the largest supplier of pistachio to the U.S., comprising X% of total pistachio imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from China, Hong Kong SAR stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Greece (+X% per year).

Import Prices by Country

The average pistachio import price stood at $X per tonne in 2018, approximately reflecting the previous year. In general, the import price indicated strong 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 increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. In that year, the average import prices for pistachios reached their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform