Nuts

Pistachios: turning into an unaffordable snack

February 7, 2024 at 12:24 PM , Der AUDITOR
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TEHRAN/FRESNO. While healthy global demand for pistachios is playing into the hands of suppliers in California, the nuts are turning into an unaffordable luxury snack for many Iranians.

Astronomical highs in Iran

Irony is that Iran dominated the global market until 2017. The country, in fact, still held around 80% of international market shares at the turn of the century. By 2017, however, Iran and the USA effectively shared the market and the scales have tipped in favour of the latter ever since as local media highlight. According to the Iranian Customs and Chamber of Commerce the country’s share has now dipped below 18%. To add insult to injury average annual per head consumption has dipped below the much prided 1 kg. Trouble is that retail

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