If you are a pistachio enjoyer, you already know about those nuts in the world with high nutrition values and of course their expensive prices. Today in this article we are going to take a look at their global market analysis. The 2021 U.S. pistachio production will surpass all previous records due to high yields and an increase in the average number of nuts per nut. This may result in an increase in exports, particularly to the European Union and China, while local prices stay stable. By 2022, the United States will have a better position on the global market than its closest competitor, Iran, whose pistachio inventories will be reduced as a result of lower yields. The United States forecasts a record pistachio harvest in 2021. The USDA predicts that nut production will grow from 352K tonnes to 454K tonnes in 2018, which is equivalent to 230K tonnes of shelled nuts. As stated by the Administrative Committee for Pistachios, in 2020, bearing acreage increased by 21.6% compared to the previous year, while average yield per acre increased by 30%. (ACP). Prices on the domestic market should remain stable as a consequence of the bountiful harvest. In 2021, it is expected that U.S. exports would grow by 40%. Despite the fragile state of trade relations between the EU and China, American pistachios are bound for the EU and China. China will continue to be the world's largest importer of pistachios. 
The United States will keep its position as the global leader in pistachio production by a tiny margin over Iran, the current runner-up. Iran anticipates a decline in yield in 2021, in contrast to the United States, which anticipates an increase, but the administration intends to maintain export levels due to last year's stocks. As Iran's stocks run dry in 2022, it is anticipated that the United States will further solidify its position as the world's export leader. The majority of the increase in pistachio consumption will result from a bigger global population. Throughout the epidemic, pistachio sales have declined, mirroring a broader trend of consumers rejecting more expensive, non-essential goods as their discretionary budgets decreased. This larger tendency is the key factor restraining market development. As quarantine limitations are gradually eased, pistachio sales are anticipated to expand as the B2B market undergoes a demand increase. The United States is anticipated to produce 352K tonnes of pistachios in 2020, up 4.9% from 2019. During the time period analysed, production climbed significantly. The production of pistachios reached a record of 448 thousand metric tonnes in 2018, and subsequently fell in 2019 and 2020. The United States had modest growth in pistachio production, with an increase in harvested area but a decline in output. In 2020, pistachio production hit a record high of $2.9 billion. 
In 2020, pistachio shipments decreased by -22.7% to 178K tonnes, putting an end to a four-year increasing trend. In 2020, pistachio shipments plummeted to $1.5 billion, a fall of 80% from 2010. However, exports as a whole increased significantly during the previous decade. China (46K tonnes), Germany (25K tonnes), and Belgium (22K tonnes) were the top three recipients of U.S.-exported pistachios, accounting for 52% of total exports. Hong Kong SAR, Spain, Viet Nam, Saudi Arabia, the Netherlands, Italy, the United Kingdom, France, and Israel followed with a combined 33% share. The average export price of pistachios from the United States increased by 3% in 2020, reaching $8,325. It has increased by an average of 2.6% annually during the last eight years. The average price in the most significant foreign markets varied slightly. In 2020, Spain ($9,350 per tonne) and Italy ($9,279 per tonne) had the highest average export prices, while Viet Nam ($7,267 per tonne) and China ($7,615 per tonne) had some of the lowest. In 2019, global pistachio sales climbed by 4% to reach $10.6 billion. This is the amount of money earned by manufacturers and importers prior to subtracting distribution costs, retail advertising costs, and retailers' profit margins. Despite price and volume increases, the growth rate of consumer expenditure remained relatively stable. Pistachios, a nut cultivated mostly in the Middle East and the United States, are an internationally recognised product. Not only is the product widely consumed across the world, but it is also imported from several other nations. In 2019, Iran (490K tonnes), Turkey (263K tonnes), and the United States (255K tonnes) accounted for 67% of the global pistachio market. 
Iran has the greatest rise in pistachio consumption between 2013 and 2019, compared to the other leading nations. According to estimates by IndexBox, Iran ($3.7B), the United States ($2B), and Turkey ($1.6B) account for 69% of the global pistachio market. Iran (5.90 kg per person), Turkey (3.18 kg per person), and Hong Kong Special Administrative Region (1.5 kg per person) had the highest pistachio consumption rates in 2019. (3.12 kg per person). Pistachios, like the majority of other nuts, are often consumed as a snack between meals. These nuts are also often used in pistachio-flavored products, which try to capitalise on the nut's distinctive taste, colour, and texture. Demand for pistachios, which are nutritious and portable, has increased lately owing to reasons such as customers' busier schedules, better incomes, and more population concentration in urban areas. In addition, vegetarians and individuals who are very health-conscious like the nuts. Consequently, increasing earnings and a growing middle class will continue to stimulate consumer expenditure and act as significant market drivers. The increased interest in and demand for healthful foods aids the rise of the pistachio industry. Due to the continued development of the global economy over the next five years, the pistachio industry is anticipated to grow at a healthy rate between now and 2020. The development of the COVID-19 pandemic in early 2020, however, ushered in a period of uncertainty for the global economy. 
The majority of governments throughout the world instituted quarantine measures to stem the spread of the virus, which stopped industrial and transportation activities and greatly hindered economic growth worldwide. When consumers' income decreases, they avoid purchasing pistachios and other luxury products such as soda and pizza. In consequence, the market for pistachios will be considerably restricted in the next years by the sharp drop in family income. Pistachios are a popular ingredient in many cuisines and snacks, but their popularity is projected to wane when the HoReCa business closes. Because pistachios are commonly available and fundamental foodstuffs, the impact of the crisis on domestic demand in Middle Eastern countries should be reduced. However, the pistachios industry in major producing nations (the United States, Iran, and Turkey) is highly dependent on exports, thus a decline in demand in non-producing countries might have a detrimental effect on local providers. Against the backdrop of a slow recovery of the global economy from the pandemic, it is anticipated that the worldwide pistachio market would decline substantially in 2020 before commencing a moderate growth afterwards. The researchers expect that the market will grow slowly until 2030, at a CAGR of 1.1% from 2019 to 2030. This would increase the overall market volume for the year to 1.7M metric tonnes. Production In 2019, global pistachio output climbed by 8.1% to about 1.5 million metric tonnes. From 2013 to 2019, total production increased dramatically by an average of 13.8% each year. 
The generally positive trend in pistachio production was considerably influenced by a strong expansion of harvested area and a robust growth of yield statistics. In 2019, just three nations produced 88% of the world's pistachios: Iran (571K tonnes), the United States (484K tonnes), and Turkey (267K tonnes). Area and Yield of Cultivated Plants In 2019, the overall pistachio harvest area grew rapidly to 804K hectares, a 6.6% rise from the previous year's figures. From 2013 to 2019, the amount of cultivated land increased at an average yearly rate of +5.7%. In 2019, the average global pistachio yield stabilised at 1.9 t/ha, the same as in 2018. The yield grew at an annualised rate of +7.7% from 2013 to 2019, a period spanning six years. In 2019, over 439 thousand metric tonnes of pistachios were imported, a 15 percent increase compared to 2018. The aggregate volume of imports increased at a compound annual rate of +3.2 percent from 2013 to 2019. In 2019, pistachio imports reached a record $3.4 billion. 
The Distribution of Imports by Country China (113K tonnes), Hong Kong SAR (65K tonnes), Germany (45K tonnes), and India (23K tonnes) were the major importers of pistachios in 2019, accounting for 56% of total imports. Italy (18K tonnes), Belgium (15K tonnes), Spain (15K tonnes), Russia (10K tonnes), Saudi Arabia (10K tonnes), Israel (9.8K tonnes), Luxembourg (8.5K tonnes), and France accounted for a modest portion of imports (8.3K tonnes). From 2013 to 2019, China's imports expanded at the quickest pace among major importing countries, while imports for other global leaders grew at more moderate rates. China ($809M), Hong Kong SAR ($496M), and Germany ($436M) accounted for 51% of the entire value of worldwide pistachio imports. Import Tariffs, by Country In 2019, the average import price of pistachios was $7,794 per tonne, 2.4% less than in 2018. In 2015, global import prices reached an all-time high of $8,208 per tonne, although from 2016 to 2019 they decreased somewhat. The average costs of the leading importers in the globe varied greatly. Israel had one of the lowest prices in 2019 at $4,799 per tonne, while Italy had the highest price at $10,948 per tonne.
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