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Pistachios: exports need to catch up with production

October 26, 2023 at 9:04 AM , Der AUDITOR
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FRESNO/TEHRAN. With new pistachio trees becoming productive and acreage expanding US growers are highly upbeat about future production. Problem is that exports need to gain momentum, which is not the case at present. Prices have shifted notably in Iran.

Downturn in Asia

Strong demand in Europe and a slowdown in Asia drove US exports in the first month of the season. At 41 million pounds total exports range 9% lower than last year. Although shipments slumped by 43%, China remains the most important export destination, followed by Germany where shipments nearly tripled and Spain with a noted rise of 33%. Domestic shipments have also declined by 4.5% to 20 million pounds as compared with last year.

Total shipments range 7% lower at 61 million pounds. As 2022/2023 carry-over supplies stand at 164 million pounds

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