China - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in China - 2023
Contents:
- Pistachio Price in China (CIF) - 2023
- Pistachio Price in China (FOB) - 2023
- Pistachio Imports in China
- Pistachio Exports in China
Pistachio Price in China (CIF) - 2023
In September 2023, the average pistachio import price amounted to $6,020 per ton, reducing by -4.6% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 8.2% m-o-m. Over the period under review, average import prices reached the peak figure at $6,762 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($8,325 per ton), while the price for Australia ($5,000 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Pistachio Price in China (FOB) - 2023
In September 2023, the average pistachio export price amounted to $10,212 per ton, with an increase of 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in July 2023 an increase of 40% against the previous month. As a result, the export price attained the peak level of $12,046 per ton. From August 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($12,935 per ton), while the average price for exports to India ($6,063 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports in China
In 2022, the amount of pistachios imported into China reduced dramatically to 44K tons, dropping by -64.8% against the previous year's figure. In general, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, imports attained the peak of 126K tons, and then shrank remarkably in the following year.
In value terms, pistachio imports dropped rapidly to $297M in 2022. Over the period under review, imports saw a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports attained the peak of $841M, and then declined remarkably in the following year.
Import of Pistachio in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 483 | 261 | 460 | 222 | -22.8% |
Iran | 297 | 395 | 380 | 67.2 | -39.1% |
Australia | 4.6 | 3.1 | 1.0 | 6.3 | 11.1% |
Others | 24.1 | 0.2 | 0.3 | 1.0 | -65.4% |
Total | 809 | 659 | 841 | 297 | -28.4% |
Top Suppliers of Pistachio to China in 2022:
- United States (32.9K tons)
- Iran (9.7K tons)
- Australia (1.7K tons)
Pistachio Exports in China
In 2022, shipments abroad of pistachios was finally on the rise to reach 2.6K tons after two years of decline. In general, exports, however, showed a abrupt setback.
In value terms, pistachio exports skyrocketed to $22M in 2022. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Pistachio in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 2.1 | 1.1 | 2.2 | 11.4 | 75.7% |
Australia | 1.4 | 1.8 | 1.6 | 3.3 | 33.1% |
Vietnam | 0.5 | 0.3 | 1.0 | 2.0 | 58.7% |
Malaysia | 0.8 | 0.7 | 0.6 | 1.3 | 17.6% |
Singapore | 0.3 | 0.2 | 0.7 | 0.8 | 38.7% |
Japan | 0.1 | 0.2 | 0.9 | 0.6 | 81.7% |
Russia | N/A | N/A | N/A | 0.6 | 0% |
Kyrgyzstan | N/A | N/A | N/A | 0.3 | 0% |
United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
France | 2.0 | 0.6 | 0.1 | 0.2 | -53.6% |
United States | 8.6 | 1.3 | 2.5 | 0.2 | -71.5% |
Germany | 1.5 | 4.4 | 3.0 | N/A | 41.4% |
Italy | 0.5 | 3.3 | 0.3 | N/A | -22.5% |
Others | 2.0 | 0.3 | 0.4 | 0.9 | -23.4% |
Total | 19.9 | 14.2 | 13.3 | 21.7 | 2.9% |
Top Export Markets for Pistachio from China in 2022:
- Hong Kong SAR (1382.8 tons)
- Australia (285.3 tons)
- Vietnam (218.3 tons)
- Malaysia (162.7 tons)
- United Arab Emirates (113.9 tons)
- Singapore (106.0 tons)
- Russia (80.3 tons)
- Kyrgyzstan (56.7 tons)
- Japan (39.7 tons)
- France (27.2 tons)
- United States (10.0 tons)
This report provides an in-depth analysis of the pistachio market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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February 2023 saw a dramatic reduction in the value of pistachio imports to $7.4M
In value terms, nuts imports surged to $39M in March 2023.
In March 2023, almond imports experienced significant growth, increasing by 192% compared to the previous month. This growth trend continued in November 2023, with the value of almond imports skyrocketing to $28M.
Discover the April 2023 almond price – up by 3% month-over-month to $3,250 per ton CIF China
The value of Shelled Walnut exports experienced a rapid drop to $11M in June 2023.
In value terms, walnut exports contracted slightly to $18M in April 2023.
The growth pace for Chestnut exports reached record levels in September 2023 with a 405% increase from the previous month. However, the value of Chestnut exports dropped to $12M in December 2023.
In August 2022, the chestnut price per ton amounted to $2,134 (FOB, China), which is down by -4.7% against the previous month.
In terms of value, imports of Areca Nut decreased to $162K in June 2023.
Global pistachio market analysis from 2023 to 2030, including consumption trends, market performance, production, imports, and exports.