Asia-Pacific: Pistachio Market 2024

Pistachio Market Size in Asia-Pacific

The Asia-Pacific pistachio market declined remarkably to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then shrank remarkably in the following year.

Pistachio Production in Asia-Pacific

In value terms, pistachio production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The country with the largest volume of pistachio production was China (X tons), accounting for X% of total volume. Moreover, pistachio production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR (X tons), more than tenfold. Afghanistan (X tons) ranked third in terms of total production with a X% share.

In China, pistachio production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Hong Kong SAR (X% per year) and Afghanistan (X% per year).

The average pistachio yield reduced to X tons per ha in 2022, waning by X% compared with 2021 figures. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the pistachio yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of pistachios in Asia-Pacific declined slightly to X ha, approximately reflecting 2021 figures. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pistachio production attained the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Pistachio Exports

Exports in Asia-Pacific

In 2022, overseas shipments of pistachios decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, pistachio exports reduced sharply to $X in 2022. In general, exports faced a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons), China (X tons) and Afghanistan (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Vietnam (X tons) and Australia (X tons), together committing a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X), Hong Kong SAR ($X) and China ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Vietnam and Australia lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pistachio export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Pistachio Imports

Imports in Asia-Pacific

In 2022, pistachio imports in Asia-Pacific fell remarkably to X tons, waning by X% against the previous year. Overall, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, pistachio imports reduced notably to $X in 2022. In general, imports continue to indicate a mild setback. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the key importer of pistachios, making up X% of total imports. India (X tons) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%). Japan (X tons), Hong Kong SAR (X tons), Pakistan (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), Australia (X tons) and Afghanistan (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pistachio imports into China stood at X%. At the same time, Vietnam (X%), Afghanistan (X%), Pakistan (X%), Taiwan (Chinese) (X%), Thailand (X%), India (X%), Japan (X%) and Australia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. China (X p.p.), India (X p.p.), Vietnam (X p.p.), Japan (X p.p.), Pakistan (X p.p.), Afghanistan (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), India ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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