Global pistachio consumption reaches 1 million tons, and China's imports double

Published 2024년 11월 25일

Tridge summary

Iran and the United States have seen a significant increase in pistachio production, with Iran's production rebounding by 70% to 180,000 tons and the US's production surging by 70% to a record 676,000 tons. Both countries experienced improved planting conditions and fruit-bearing areas, leading to a doubling of exports for Iran and a 48% increase for the US. Meanwhile, Turkey's production fell by 13% due to adverse growing conditions, and China and the EU emerged as the world's largest pistachio markets, with the EU's imports nearly doubling and China's more than doubling. The report highlights that these four markets accounted for 75% of the world's pistachio trade in 2020, contributing to a 90% increase in global imports over the past 10 years.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Iran’s production rebounded 70% to 180,000 tons, benefiting from improved planting conditions, after lower production in previous years due to frost and reduced precipitation. Exports almost doubled to 135,000 tons due to increased supply, with major export markets including China, India and the European Union. The United States’ production surged 70% to a record 676,000 tons due to a peak year for pistachio trees and increased fruit-bearing area. Its exports increased 48% to a record 435,000 tons, with major export markets including China, India and the European Union. Although domestic consumption also set a new record, ending stocks climbed to 105,000 tons. Turkey’s production fell 13% to 175,000 tons due to this year’s low production year. Although large fluctuations in production are normal, its production benefits from favorable growing conditions and increased planting area. The impact of the lower production on trade is limited because Turkey’s pistachio production is ...

Source: Foodmate