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

U.S.: Pistachio Market Overview 2019

Pistachio Market Size in the USA

The revenue of the pistachio market in the U.S. amounted to $X in 2017, jumping by X% against the previous year. Overall, pistachio consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the pistachio market reached their peak level of $X. From 2015 to 2017, growth of the pistachio market stood at a somewhat lower level.

Pistachio Production in the USA

In 2017, production of pistachios in the U.S. amounted to X tonnes, coming up by X% against the previous year. In general, pistachio production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. Over the period under review, the pistachio production attained its peak figure volume of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum. Pistachio output in the U.S. indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and an abrupt decline in yield figures.

In 2017, average yield of pistachios in the U.S. stood at X tonne per ha, picking up by X% against the previous year. Overall, pistachio yield continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016, when yield increased by X% year-to-year. Over the period under review, the average pistachio yield attained its peak figure level of X tonne per ha in 2012; however, from 2013 to 2017, it 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 2017, pistachio harvested area in the U.S. stood at X ha, picking up by X% against the previous year. The harvested area increased an average annual rate of +X% over the period from 2012 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. The pistachio harvested area peaked in 2017, and is expected to retain its growth in the near future.

Pistachio Exports in the USA

In 2017, the amount of pistachios exported from the U.S. stood at X tonnes, surging by X% against the previous year. In general, pistachio exports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2016, when exports increased by X% y-o-y. The exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, pistachio exports stood at $X in 2017. In general, the total exports indicated a remarkable increase from 2012 to 2017: its value increased at an average annual rate of +X% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pistachio exports increased by +X% against 2015 indices. Over the period under review, the pistachio exports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Pistachio Exports by Country in the USA

Belgium (X tonnes), China, Hong Kong SAR (X tonnes) and the Netherlands (X tonnes) were the main destinations of pistachio exports from the U.S., with a combined X% share of total exports. These countries were followed by Germany, China, Israel, Spain, Italy, France, the UK, Luxembourg and Japan, which together accounted for a further X%.

From 2012 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X), Belgium ($X) and the Netherlands ($X) appeared to be the largest markets for pistachio exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Germany, China, Israel, Spain, Italy, France, the UK, Japan and Luxembourg, which together accounted for a further X%.

Israel (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last five year period, while the other leaders experienced more modest paces of growth.

Pistachio Export Prices by Country in the USA

The average pistachio export price stood at $X per tonne in 2017, reducing by -X% against the previous year. Over the last five years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. The export price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Average export prices varied somewhat for the major foreign markets. In 2017, the highest prices were recorded for export prices to Germany ($X per kg) and China, Hong Kong SAR ($X per tonne), while average price for exports to China ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Germany (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Pistachio Imports in the USA

Pistachio imports into the U.S. stood at X tonnes in 2017, shrinking by -X% against the previous year. Overall, pistachio imports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. The imports peaked of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, pistachio imports amounted to $X in 2017. In general, pistachio imports continue to indicate a deep deduction. The imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Pistachio Imports by Country in the USA

In 2017, China, Hong Kong SAR (X tonnes) was the main pistachio supplier 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), eightfold. New Zealand (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2017, the average annual growth rate of volume 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 New Zealand (+X% per year).

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

From 2012 to 2017, 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).

Pistachio Import Prices by Country in the USA

The average pistachio import price stood at $X per tonne in 2017, surging by X% against the previous year. Over the last five years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the average import prices increased by X% y-o-y. In that year, the average import prices for pistachios attained their peak level, and is likely to continue its growth in the immediate term.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Turkey ($X per tonne) and Greece ($X per tonne), while prices for pistachio imports from New Zealand ($X per tonne) and China, Hong Kong SAR ($X per tonne) were amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform