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Pistachios: strong export season takes its toll

June 24, 2021 at 12:52 PM, Der AUDITOR
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SACRAMENTO/TEHRAN. Although the US had a much bigger pistachio inventory of 541,689 mt at its disposal in 2020/2021, Iran has succeeded in shipping similarly high volumes this season so far. Now, however, the tables are about to turn as market inventories are nearly exhausted in Iran. Prospects are also not exactly encouraging for 2021/2022.

US exports remain strong in May

The US witnessed another strong export month in May as a 13,779 mt of pistachios were shipped overseas, which is 53% up on May 2020 when exports ranged at 9,026 mt. Total shipments for the season amounted to 249,831 mt at the end of May, of which 82,164 mt were shipped within the US and 167,667 mt overseas. Exports are in fact 17% up on last year. China is the most important export destination this season by far (+36% at 48,124 mt), followed by Germany (+18% at 26,774 mt) and Hong Kong (-32.4% at 12,011 mt).

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