U.S. - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingProduction of Pistachio in the United States - 2022
Contents:
- Pistachio Production in the United States - 2022
- Pistachio Harvested Area in the United States - 2022
- Pistachio Yield in the United States - 2022
Pistachio Production in the United States - 2022
In 2022, production of pistachios decreased by -4.8% to 499K tons for the first time since 2019, thus ending a two-year rising trend. Overall, the total production indicated strong growth from 2017 to 2022: its volume increased at an average annual rate of +12.9% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +83.2% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 64% against the previous year. Over the period under review, production attained the peak volume at 524K tons in 2021, and then declined in the following year. Pistachio output in the United States indicated a remarkable increase, which was largely conditioned by strong growth of the harvested area and a tangible increase in yield figures.
In value terms, pistachio production expanded markedly to $3.6B in 2022. Over the period under review, the total production indicated a prominent increase from 2017 to 2022: its value increased at an average annual rate of +12.6% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.8% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 74%. Pistachio production peaked at $3.9B in 2020; however, from 2021 to 2022, production remained at a lower figure.
Pistachio Harvested Area in the United States - 2022
In 2022, approx. 158K ha of pistachios were harvested in the United States; reducing by -4.5% on the previous year's figure. Overall, the total harvested area indicated a strong increase from 2017 to 2022: its figure increased at an average annual rate of +9.3% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pistachio harvested area increased by +56.2% against 2017 indices. The growth pace was the most rapid in 2019 with an increase of 29%. The pistachio harvested area peaked at 166K ha in 2021, and then contracted in the following year.
Pistachio Yield in the United States - 2022
In 2022, the average yield of pistachios in the United States reduced to 3.2 tons per ha, remaining stable against 2021 figures. Over the period under review, the yield indicated pronounced growth from 2017 to 2022: its figure increased at an average annual rate of +3.2% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pistachio yield increased by +29.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the yield increased by 56%. As a result, the yield attained the peak level of 4.2 tons per ha. From 2019 to 2022, the growth of the average pistachio yield failed to regain momentum.
This report provides an in-depth analysis of the pistachio market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 223 - Pistachios
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In December 2022, the pistachio price stood at $7,586 per ton (FOB, US), increasing by 2.2% against the previous month.
In August 2022, the pistachio price per ton stood at $7.5K (FOB, US), increasing by 6.9% against the previous month.
The pistachio price per ton stood at $7,352 (FOB, US) in May 2022, falling by -3.1% against the previous month.
In 2021 production of pistachios in the U.S. will break previous years’ records thanks to large yields and an increase in the bearing average. This will enable an expansion of exports, primarily to the EU and China, and retaining stable prices on the domestic market. Heading into 2022, the U.S. will strengthen its position in the global market as its closest competitor, Iran, faces a lower yield that will cause it to deplete its pistachio reserves.
Export of nuts, in terms of value, decreased to $221M in July 2023.
In August 2022, the almond price per ton amounted to $4,103, declining by -6.3% against the previous month.
In May 2022, the almond price per ton amounted to $4,036 (FOB, US), surging by 4.7% against the previous month.
U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tons. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume.
Shelled Walnut exports reached a peak of 154K tons in 2022 before declining the following year. The value of these exports notably decreased to $625M in 2023.
Export volumes of Shelled Walnuts reached a peak of 154K tons in 2022, but experienced a decline the next year. In terms of value, exports significantly decreased to $625M in 2023.