Nuts

Pistachios: high-price gamble

September 20, 2022 at 12:02 PM , Der AUDITOR
Play report as audio

TEHRAN/MADRID. Iran’s pistachio exports remained disappointingly low in July and prospects for the new season are far from encouraging. Although Spain is only a small player in the market, pistachios may well turn into “green gold” here.

High prices deter buyers

Iran’s pistachio exports slumped by more than 60% between January and July as compared with the same period last year. While 98,596 mt of pistachios worth USD 672 million were shipped overseas in January till September 2021, this figure ranged as low as 36,109 mt worth USD 262 million in the same period in 2022. At 27,945 mt inshell pistachio exports accounted for the lion’s share of the volumes shipped (77%) this year. Kernel exports ranged at 7,743 mt (21%). Trouble is that frost and drought reduced inventories and drove up mar

View related articles

Go to the News Overview
Nuts
Jul 15, 2024
NEW DELHI/BUENOS AIRES. In India, peanut prices continue to fall with the prospect of a good crop. Demand in Argentina is good, while Brazil is struggling badly. In the USA, the weather will prove decisive.
Nuts
Jul 15, 2024
BRUSSELS/TEHRAN. EU imports surged to record high levels for pistachios in the first half of the year. US shipments have basically flooded the market, much to the detriment of Iran.
Nuts
Jul 11, 2024
BRUSSELS/FOLSOM. EU imports have surged for walnuts in the first six months of 2024. Shipments from Ukraine have risen by an incredible 82%. US exports are also strong.
Nuts
Jul 11, 2024
SACRAMENTO. Production estimates stand 7% lower than in May in the USDA’s Objective Measurement Report issued on Wednesday. Although California is expecting the third largest crop on record, yields still leave a lot to be desired.