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

Pistachio Kernel

Iran

United States

Published Nov 3, 2021

Tridge summary

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.

Original content

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 expected this year, despite the frequency. Those. in 2021, the United States should have received a low pistachio crop, but in fact it will not be much lower than last year. Nevertheless, production in the United States, as well as in Iran, will also decrease, which means that the supply of pistachios to the world market will also decrease, ”says Andriy Yarmak, economist at the Investment Department of the Food and Agriculture Organization of the United Nations (FAO). Read also: ...

Source: Eastfruit