Global market challenges
After two years of decline production has bounced back to 200,000-210,000 mt according to the Iranian Pistachio Association. Yet, traders emphasise that these figures only comprise dried pistachios and do not include fresh pistachios that are consumed domestically, of which supplies range at 20,000-30,000 mt. Current inventories, in fact, stand at a higher 240,000 mt as last year’s carry-over supplies amount to 30,000 mt.
Despite the rebound, exporters still face quite a few challenges. Main issue is that it has become more dif