Pistachios: June exports slumped massively

July 16, 2020 3:14 PM, Der AUDITOR
Play report as audio

SACRAMENTO/MADRID. Contrary to the export trends of other US nuts, pistachio shipments in June were significantly lower than last year.

Germany and Spain are exceptions

Since the start of the season, 237,672 metric tonnes of shelled and unshelled US pistachios have been delivered both domestically and overseas, almost a quarter less than this time last year. While domestic demand remained relatively stable at 85,360 metric tonnes, the export volume decreased by 32% to 152,316 metric tonnes compared to last year.

Germany (+9% to 25,233 mt) and Spain (+15% to 9,905 mt) are among the few importing countries to have increased their imports this season and June imports were also 4% and 14% above the import volume in June 2019, while at the same time shipments to China/Hong Kong fell by 44% to 54,046 metric tonnes, the June figures being about a tenth of the import in the same month last year. A total of 17,650 metric tonnes of shelled and unshelled US pistachios were delivered domestically and overseas in June 2020, around 40% less than in June 2019. At 8,602 metric tonnes, domestic demand remained relatively stable, while the export volume slumped by a good half year-on-year (19,743 metric tonnes in June 2019 vs. 90.48 metric tonnes in June 2020).

US pistachio exports* in mt













Africa/Middle East




Central and South America




North America








Administrative Committee For Pistachios
*Since the beginning of the season

Record crop should push prices down

Current estimates (source: International Nut and Dried Fruit Council) reckon that US pistachio production in 2020 will more than double to 544,000 metric tonnes compared to last year, and Turkey is also expected to be able to achieve a result of 325,000 metric tonnes (+333%) in its "on-year" production. With record crop and potentially falling prices, the pistachio thus joins the general nut market trend. In the European spot market, US pistachios, 18/22, Extra 1 are at a level of EUR 9.40 per kg FCA Spain, while shelled goods are traded for EUR 15.50 per kg.

Pistachio prices

Variety, Origin


In-shell, 18/22, Extra 1, USA


Shelled, USA


In-shell, 18/22, Extra 1, Spain


Blanched, green, "A" extra


Trade sources; FCA Spain

View more information
price chart, pistachios, inshell, Ahmad Aghaie, 22/24, NO, Iran
more price charts

View related articles

Go to the News Overview
Dec 6, 2021
ORDU. Chaos continues in Turkey’s financial market. Not only did President Recep Tayyip Erdoğan appoint a new finance minister on Thursday but Fitch Ratings also revised the country’s outlook to negative. For traders it is simply impossible to determine which way the hazelnut market will turn. Much also depends on Ferrero, the TMO and demand.
Dec 1, 2021
MANILA. In addition to high commodity prices, export prices for desiccated coconuts have also increased. And since all bad things come in threes, there is no relief in sight for freight costs either.
Nov 30, 2021
MASHHAD. Although growers produce high-quality pistachios in Iran’s Khorasan Razavi Province, not much profit is made from exports. This is mainly due to the lack of specialised organisations and pistachio export unions as financial issues have put many off. Production has also suffered from adverse weather conditions this year.
Nov 29, 2021
HANOI. As Cornhouse and the INC report, there are more than enough cashews available on the world markets. Exports are causing some difficulties, but these should be eased by a new container ship route in the Indian Ocean.