The US doubles its pistachio exports to produce a record harvest

Pistachio Kernel

Raw Pistachio

United States

Market & Price Trends

Published Mar 5, 2024

Tridge summary

The US has seen a significant increase in its pistachio exports following a record harvest of 677,000 tons. Between September and January, exports rose by 97% to 230,079 tons compared to the same period in the previous year. The primary markets driving this growth are Europe, where exports increased by 102%, and China, with a 155% increase. The US aims to further boost exports by 32% to reach 390,000 tons by the end of the campaign in August. Despite the record production, the global pistachio market remains robust, potentially due to a rise in consumption.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

After a record harvest of 677,000 tons of pistachio, the US is redoubling its efforts to multiply its exports. So far this campaign, from September to January, the North American giant has already been able to sell 230,079 tons abroad, practically double (97% more) than in the same period of the previous campaign, according to official data from the Committee. Federal of American Pistachios. The information has been provided by the specialized portal pistachopro.es. When the campaign ends in August, the US objective is to increase exports by 32% to reach 390,000 tons, according to its Ministry of Agriculture (USDA), but at the current rate this percentage could be greatly exceeded. What are the markets where the US is growing this campaign? Mainly two: Europe and China. It has already sent 56,733 tons of pistachio to Europe this campaign compared to 28,082 in the previous campaign in the same period (102% more). "It must be taken into account that in a normal year Europe imports ...

Source: Campocyl