This report provides an overview of the global pistachio industry, focusing on key markets, production, exports, imports, and the specific market analysis of pistachios in China.
Health-conscious snacking preferences and awareness of pistachio benefits are driving demand for pistachio. Sustainability is also gaining importance, with countries adopting environmentally friendly practices.
Meanwhile, global pistachio production fluctuates due to on-year and off-year cycles, with an anticipated 5% drop in 2022/23. However, the US is projected to see a 40% increase in 2023/24 due to the on-year phase.
China, the world’s largest importing pistachio, witnessed a decrease in imports due to lower supply in the pistachio-producing markets in 2022. But in 2023, China's pistachio imports are expected to recover, with the US as the key market player.
The influence of e-commerce and exhibitions in promoting pistachio in the Chinese market is also on the rise. These marketing trends provide an excellent way to promote the pistachio industry and its offerings to a broader audience.
Trade4go
Aug 4th, 2023
