Local Insights
Pistachio prices affected by border closures and surplus in Iran
Market SituationPrice TrendSupply Yield / Stock QuantityCOVID-19
Apr 20, 2020
Written by
Besim Donmez
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Iranian pistachio exports have been hit by the Covid-19 outbreak consequences.
The export demands have decreased due to border closures after the Covid-outbreak in Iran. Pistachio producers and exporters were left with big quantities of stocks that they couldn't sell. The supply surplus have caused a decrease in pistachio prices in Iran.
Opening up the borders with Turkey, however, has given a hopeful outlook to pistachio exporters in terms of the current trade situation to improve.
The export demands have decreased due to border closures after the Covid-outbreak in Iran. Pistachio producers and exporters were left with big quantities of stocks that they couldn't sell. The supply surplus have caused a decrease in pistachio prices in Iran.
Opening up the borders with Turkey, however, has given a hopeful outlook to pistachio exporters in terms of the current trade situation to improve.
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