World pistachio market: Iran's records and challenges and a poor harvest year in the United States

Published 2021년 11월 2일

Tridge summary

The global pistachio market is expected to face a shortage in the 2021/22 season due to a decrease in production in the United States and Iran, the two major exporters of the nut. The decrease in production is attributed to climate change and the variability in pistachio fruiting. Despite these challenges, the United States is expected to have a high yield, while Iran's harvest is expected to decline significantly due to damage from spring frost and summer heat. This will result in a decrease in the supply of pistachios to the world market, as both countries will produce less than last year.

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

Original content

According to EastFruit analysts, the global pistachio market in the 2021/22 season will experience a certain shortage of this type of nut to fully meet the rather high global demand for it. In fact, the world pistachio trade is controlled by only two countries - the United States and Iran, which annually sell for two about 300-350 thousand tons of pistachios for export. Since pistachio has a clear fruiting frequency, the production of these nuts varies greatly from year to year. Recently, however, the factor of growing damage from climate change has been added to the factor of the frequency of pistachio fruiting. “In 2021, the pistachio crop in Iran will decline sharply due to frost damage in spring and abnormally high temperatures in summer. Moreover, in addition to a decrease in production volumes, problems with the quality of Iranian pistachio are also expected, which plays into the hands of pistachio exporters from the United States, where a high yield of this type of nut is ...

Source: Eastfruit