In 2019, the average pistachio import price amounted to $7,794 per tonne, falling by -2.4% against the previous year. Global import price peaked at $8,208 per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure. There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Italy ($10,948 per tonne), while Israel ($4,799 per tonne) was amongst the lowest.
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The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, consumption showed resilient growth, driven by both the increases in prices and in the volume of consumption in physical terms.
Pistachios are a well-known product in the Middle East and in the U.S. where they are largely grown. Being imported, the product is also widely consumed worldwide. Thus, the countries with the highest volumes of pistachio consumption in 2019 were Iran (490K tonnes), Turkey (263K tonnes) and the U.S. (255K tonnes), with a combined 67% share of global consumption. From 2013 to 2019, the biggest increases were in Iran, while pistachio consumption for the other global leaders experienced more modest paces of growth.
Features of Pistachio
Roasted and Sea-Salted California Pistachios in Shell