Australia's pistachio production hits new high, trying to expand overseas markets

Published 2024년 12월 27일

Tridge summary

The Australian pistachio industry has seen a significant growth, expanding from 700 hectares a decade ago to 3,000 hectares, with the majority of production concentrated along the Murray River in southern New South Wales, northwestern Victoria, and South Australia. The country's current production stands at a record 4,500 tons, with projections to double and then double again in the coming years, due to increased demand and farmers shifting from less profitable crops like wine grapes. This surge in pistachio cultivation is attributed to the crop's higher economic value, especially with the decline in almond prices, and the industry's expansion in major producing areas like California and Spain. The growth is also fueled by the demand from emerging markets, including China and India, driven by their preference for healthy vegetarian food options.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Most of Australia's pistachios are grown along the Murray River in southern New South Wales, northwestern Victoria and South Australia. About 10 years ago, the scale of Australian pistachio cultivation was only about 700 hectares, but now it has grown to 3,000 hectares. Pistachios in the northern hemisphere are usually harvested in September, and consumption is higher during festivals such as Christmas and New Year. Since Australia is located in the southern hemisphere, the pistachio harvest time is from late February to early March. Chris Joyce, chairman of the research committee of the Australian Pistachio Growers Association, said there are signs that market demand will continue to rise. This year, Australia's pistachio production is 4,500 tons, 1,000 tons higher than the previous record. Tons. This number will double in the next two to three years and will double again in the next four years. The current production is just enough to meet the needs of the entire Australian ...
Source: Foodmate

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