Nuts

Pistachios: quality key to exports

June 30, 2022 9:03 AM, Der AUDITOR
Play report as audio

TEHRAN. Iran’s pistachio exports slumped by 60% between January and May. Reasons are not only low inventories but also the war in Ukraine. Suppliers in Iran, however, hold one decisive advantage prompting demand to pick up in Europe.

The joker

Iran officially only exported 29,985 mt of pistachios and pistachio kernels worth USD 218 million in January-May. Exports have thereby declined sharply by 60% in terms of volume and by 57% in terms of value on the 74,604 mt worth USD 509 million shipped in the same period last year. Not only are supplies lower than last year but the war in Ukraine is also weighing on demand.

However, it should be noted that demand for pistachio kernels ranges higher than last year. Although the total volume of kernels shipped has declined, their market share has ri

View related articles

Go to the News Overview
Nuts
Aug 2, 2022
ORDU. President Recep Tayyip Erdoğan’s announcement of the Turkish Grain Board’s (TMO) purchasing price for new crop hazelnuts caused a bit of confusion on Saturday. Although the state-run organisation clarified prices on Monday, traders do not think that the market will buy into them. Rumour has it that Ferrero has swiftly responded.
Nuts
Aug 1, 2022
NEW DELHI/ATLANTA. Farmers are switching to more attractive alternatives such as cotton or soy in India and in the United States. China's peanut production will only rise nominally in 2022/2023 and US suppliers are having a hard time competing with India.
Nuts
Jul 28, 2022
ORDU. President Recep Tayyip Erdoğan will announce the TMO’s purchasing price for hazelnuts this week and guesses are running wild. Lucky buyers can purchase organic hazelnuts at a discount.
Nuts
Jul 28, 2022
ZARANDIEH. Iran’s Markazi province may only rank sixth in terms of the area under cultivation and crop size, but Zarandieh county is the country’s leading producing area for organic pistachios. Turkey will replace Iran as second most important producer in 2022/2023.