Annual pistachio exports of Iran drop by 33 percent to $690 million

Published May 1, 2022

Tridge summary

In the fiscal year 2021-22, Iran experienced a significant decrease in pistachio exports, with a 33% drop in both volume and value, totaling 115,557 tons worth $696.04 million. The main export destinations were China, India, and Russia. The pistachio industry has been further crippled by severe cold weather in Kerman Province, causing an estimated $460 million in damage to pistachio orchards, covering around 180,000 hectares and resulting in a projected decline in production by 65,000 tons. The agriculture sector is also under threat due to water scarcity, with drought leading to an estimated $2.4 billion in losses since the previous crop year.

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Original content

EghtesadOnline: Atotal of 115,557 tons worth $696.04 million of pistachio were exported from Iran to 75 countries in the fiscal 2021-22 (ended March 20), registering a 33% decline in both weight and value compared to the year before, according to the spokesman of the Islamic Republic of Iran Customs Administration. Top five export destinations for in-shell pistachio were China with $199 million, India with $85 million, Russia with $53 million, Iraq with $50 million and Kyrgyzstan with $45 million.Exports of shelled pistachios stood at 19,336 tons worth $215.88, with Germany topping the importers with $50 million, followed by India $44 million, the UAE $29 million, Iraq $25 million and Turkey $13 million, IRNA reported.A total of 429 tons of other types of pistachio (slivered) worth $2.51 million were also exported during the period, he added. Kerman Province is a major pistachio production hub in Iran.Cold weather in spring has caused 130 trillion rials ($460 million) in damage ...

Source: Eghtesadonline.com