The first country to cover is Iran. According to the Iranian Pistachio Association report, pistachios production is forecast to drop by 29% to 135,000 MT, as frost damage in many growing regions lowered yields despite it being the year when farmers tried alternate bearing crop cycle methods. As a result of the smaller harvest, exports are forecast to be 41% lower at 135,000 MT.
Moving along, regarding the production of the U.S, the production volume is forecast to rise, with production volume rising by 10% to a record 523,000 MT due to a combination of high yields and increased bearing areas. Exports are forecast nearly 25% higher to a record 290,000 MT on strong shipments to top markets in China and the European Union.
Third, regarding EU production, it is forecast to be up from 6,000 MT to 23,000 MT on slight gains in Spain and Italy. Imports are expected to rise to 11% to a record 135,000 MT, with the United States supplying most of the market.
In conclusion, global production of pistachios for 2021/22 is down 16% to 829,000 MT in total.
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