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Pistachios: frost dashes any hopes for new season

April 29, 2021 9:26 AM, Der AUDITOR
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TEHRAN. Pistachio suppliers have pulled the emergency brake in Iran. Issue is that sudden frosts in April have created enormous damage, which will certainly impact this year’s production. Although exports are performing well, prospects are rather gloomy for next season.

Exports exceed billion US dollars

Problem is that exceptionally good export demand has already driven the remaining available stocks down to 33,000 mt. Overseas shipments of pistachio and pistachio kernels surged by 86.9% to 202,729 mt between 20 March 2020 and 19 March 2021 as compared to the 108,485 mt shipped in the same period in 2019/2020. The export value exceeded the billion-dollar threshold as it rose by 42.2% to USD 1.366 billion. This mark was not quite hit in 2019/2020 as the export value ranged at USD 959.353 million. Key driver were attractive prices as

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