US to increase pistachio exports by 40% in 2021

Published 2021년 7월 2일

Tridge summary

The USDA forecasts a rise in the production of inshell pistachios in the US from 352 thousand tons in 2020 to 454 thousand tons in 2021. There is an anticipated 40% increase in US pistachio exports in the same year. China is the primary consumer, accounting for 33% of total worldwide imports. In 2020, US pistachio exports saw a decrease of 22.7%, totaling 178 thousand tons. Despite the drop in exports, the export price of pistachios from the US has risen by an average of 2.6% per year over the past eight years, with Spain and Italy having the highest average prices in 2020.

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

Original content

According to the United States Department of Agriculture (USDA), production of inshell pistachios in the United States will grow from 352 thousand tons to 454 thousand tons in 2021. US pistachio exports are expected to grow 40% in 2021. The largest importer of American pistachios is China with a 33% share of the total world imports of these nuts, writes FruitNews. In 2020, pistachio production in the United States amounted to 352 thousand tons, which is 4.9% more than in 2019. The harvest of pistachios reached its peak in 2018 - 448 thousand tons. In monetary terms, pistachio production increased to $ 2.9 billion in 2020. Exports of pistachios from the United States in 2020 decreased by 22.7% and amounted to 178 thousand tons. In monetary terms, supplies decreased to $ 1.5 billion. Read also: World pistachio production approaches 1 million tonnes in 2020/21 The main countries-importers of pistachios from the USA in 2020 were: China (46 thousand tons), Germany (25 thousand tons) ...

Source: Eastfruit