Pistachios: exports up on domestic consumption
August 9, 2023 at 12:53 PM ,
Der AUDITOR
US exports still on the rise
At 257,010 mt US pistachio exports are 16% up on the 221,535 mt shipped overseas between September 2021 and June 2022. Total shipments are, however, only 8% up at 350,659 mt as opposed to the 323,068 mt registered in 2021/2022. Issue is that domestic shipments have declined by 8%. China is the most important export destination for the US by far. Shipments to here are 7% up. Next in line are Turkey with a sharp growth of 69% and Germany with a downturn of 32%. Shipments to India and the United Arab Emirates have, in addition, more than doubled.
|
US pistachio shipments (mt) |
|||
|
Destination |
2021/22 |
2022/23 |
Diff. |
|
USA |
101,532 |
93,649 |
-7.8% |
|
China |
61,448 |
66,167 |
7.7% |
|
Turkey |
15,621 |
26,458 |
69.4% |
|
Germany |
31,744 |
21,515 |
-32.2% |
|
India |
6,287 |
15,372 |
144.5% |
|
Vietnam |
6,701 |
11,064 |
65.1% |
|
Hong Kong |
9,048 |
9,773 |
8.0% |
|
Italy |
5,091 |
9,680 |
90.1% |
|
Spain |
10,820 |
9,182 |
-15.1% |
|
UAE |
4,378 |
8,886 |
103.0% |
|
Others |
70,398 |
78,913 |
12.1% |
|
Total |
323,068 |
350,659 |
8.5% |
|
Administrative Committee for Pistachios, 01/09-30/06 |
|||
Floods cause total damage in some plantations
California has witnessed an unusually wet year in 2023. Although this has prompted extensive flooding along the Tulare Lake Basin and other parts of the San Joaquin Valley, the outlook is generally encouraging for this year. The International Nut and Dried Fruit Council (INC), in fact, anticipates a 47% rise to 590,000 mt (1.3 billion pounds) in 2023/2024 as compared with 2022/2023.
With global demand on the rise and the trees being highly adaptable to desert-like conditions planting is increasing in California, Turkey and Iran. The Administrative Committee of Pistachios estimates that 35,000 acres of new plantations per year were added in 2021 and 2022 in the US. Some areas are, however, going out of production in all three countries as water is lacking. New plantings are, in addition, starting to become productive in Turkey, where production will range nominally lower than last year at 190,000 mt. After drought and excessive heat caused production to slump to 106,000 mt in Iran last year, output will bounce back to an estimated 200,000 mt in 2023/2024.
View more
- price charts, pistachios, Iran
- more price charts
View related articles
