Nuts

Pistachios: significantly lower US production

February 15, 2023 at 4:32 PM , Der AUDITOR
Play report as audio

SACRAMENTO. After one record crop year followed the next in recent years, 2022 broke the chain with a smaller crop volume. For 2023, however, the outlook is rosier again.

Good demand and strong exports

As FreshPlaza reports in reference to the American Pistachio Growers (APG), pistachio supplies declined by 20% year-on-year in 2022. This was the first crop year since 2018 that was not a record year. Richard Matoian, chairman of the APG, states that expectations for the 2022 crop year were significantly higher than the eventual outcome. He suspects that the trees needed a break after the very good years of 2020 and 2021. The extreme heat in the summer also played its part in the decline in production and made work more difficult for the growers.

Overall, pistachio production in California has increased significantly in recent years, mainly due to the larger area under cultivation. As a result, massive carry-over stocks were recorded prior to the 2022 harvest, which have been partially reduced by the low production. According to Matoian, the demand situation is good and is slowly but steadily increasing on the North American market. Exports also saw a 24% increase in 2022, including shipments to Middle Eastern countries, Turkey and India. “With all this acreage coming on in California, our work is now focused on finding new or existing markets to promote our product to keep demand strong,” says Matoian.

Prices are holding steady in light of the low crop volume and the this should be the case for the rest of the year. A new record year is on the horizon for the 2023 crop, and it looks like water supplies are better assured than in recent years.

Pistachios, inshell, USA

Sorte

EUR/kg

18/21, Ext.1

9.45

21/27, Ext. 1

8.50

30/35, Select

8.00

FCA Spain

German imports on the decline

Looking at German pistachio imports in 2022, a decline of more than 16% compared to the previous year becomes clear. The USA remains the undisputed top supplier with shipments amounting to 35,773 mt, followed in second and third place by Iran and Belgium - the neighbouring country was able to achieve astonishing export increases to Germany. Germany's imports from Brazil and Turkey fell sharply. The German import decline since the beginning of the season is even more evident than in the year-on-year comparison: In the period September-December 2022, the country imported 10,696 mt of inshell pistachios, which is 26.8% less than in the same period of the previous year.

Pistachio* imports, Germany, in mt

Supplier

2021

2022

Diff.

USA

37,122

35,773

-3.6%

Iran

9,723

3,478

-64.2%

Belgium

11

626

5590.9%

Brazil

391

171

-56.3%

Turkey

80

59

-26.3%

Others

592

88

-85.1%

Total

47,919

40,195

-16.1%

Federal Statistical Office of Germany / Jan-Dec

*08025100 Fresh or dried pistachios, in shell

View more
price charts, pistachios, Iran
more price charts

View related articles

Go to the News Overview
Nuts
Jul 24, 2024
FRESNO/TEHRAN. This year's crop in the USA is unlikely to match last year's volume, but will still be good. Iranian prices continue to fall, while Germany has significantly increased its imports.
Nuts
Jul 24, 2024
CANBERRA/CAPE TOWN. South African macadamia growers are very optimistic about the 2024 crop. In Australia, estimates had to be revised slightly, but overall the situation on the international market appears promising.
Nuts
Jul 23, 2024
MANILA. While exports of Philippine coconut products have fallen year-on-year, desiccated coconuts are defying this downward trend. Competitive pressure and the situation in the Red Sea are making things difficult for exporters.
Nuts
Jul 22, 2024
NEW DELHI/AUSTIN. Although US growing regions in the Southwest have faced some heavy rains, growers in parts of Texas continue to face drought and water shortages. In India, prices could soon receive support.