Pistachio Price Trend and Forecast

Pistachio Regional Price Overview

Get the latest insights on price movement and trend analysis of Pistachio in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Pistachio Price Trend for Q1 of 2025

Pistachios, a popular snack and a staple in the confectionery market, experienced a fluctuating trend during the first quarter of 2025. An analysis of pistachio prices indicated that the Indian market was notably affected by changing trade policies and sourcing trends. The United States remained India’s primary supplier, accounting for a significant share of pistachio imports. Demand remained strong, driven by consumers’ preference for high-quality products and the growing shift toward healthier, nutrient-rich diets. However, new trade measures, such as the imposition of countervailing duties, added price pressure on domestic traders. While retail demand remained stable, wholesalers were more cautious, leading to shifts in market behavior.
 

Pistachio Price Chart

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Globally, pistachio prices were influenced primarily by supply constraints. Exports from major producing countries declined, causing overall inventory levels to fall below those of the previous year. The tightened supply was particularly evident for kernels, as the availability of shelling stock and closed-shell pistachios decreased, according to pistachio price data. Higher wholesale prices emerged as processors faced challenges in securing steady supplies. Although carry-in inventories remained stable, export activity from key production regions weakened, partly because early-season prices were set at higher levels, discouraging large orders from major Asian markets.

Analyst Insight

According to Procurement Resource, the pistachio price curve is expected to fluctuate in the coming months; however, supply outlook appears especially positive for the coming months.
 

Pistachio Price Trend for the Second Half of 2024

In H2'24, pistachio prices experienced significant fluctuations globally, influenced by a combination of factors such as increased production and market uncertainties. The pistachio industry in the United States, a major producer, reported expanded acreage, leading to higher yields. This resulted in an increased supply and greater availability in the market, exerting downward pressure on prices as supply outpaced demand in some regions. Meanwhile, in Turkey, another key market player, production saw a notable rise, primarily due to improved agricultural practices.

This oversupply led to price pressures, prompting traders in key regions like Turkey to withhold inventories in anticipation of future price increases. However, despite the surplus, prices remained volatile due to speculative market behavior. At the same time, global demand for pistachios continued to grow, driven by rising consumer awareness of their health benefits.

Analyst Insight

According to Procurement Resource, the Pistachio price trend is expected to remain within the similar price range in the upcoming month due to the boosted production this year.
 

Pistachio Price Trend for the First Half of 2024

In the first half of 2024, pistachio prices followed an upward trajectory, driven by strong international demand and tightening inventories. Export shipments surged significantly, particularly to key markets in Europe, Asia, and the Middle East, outpacing previous years' figures. The U.S., a dominant player in the global pistachio trade, saw record-breaking exports, with China, Germany, and India emerging as major growth destinations. This heightened demand, coupled with a projected lower seasonal carryover, led to a more constrained supply outlook.

Additionally, many processors temporarily withdrew from the market to assess their sold positions, further influencing price trends. While domestic demand remained stable, international sales were the primary driver of price movements. The market also faced supply-side challenges, as crop estimates for 2024 suggested a moderate yield. Given these dynamics, pistachio prices remained firm, with no signs of moderation, as buyers navigated a competitive procurement landscape amid tightening global supplies.

Analyst Insight

According to Procurement Resource, Pistachio prices are expected to remain firm in the near term, supported by strong global demand and tightening inventories. Any potential price moderation will likely depend on the upcoming harvest and supply chain stability.
 

Pistachio Price Trend for the Second Half of 2023

Pistachio’s market behavior has been optimistic throughout the given time period and has varied regionally for the most part. America saw an astonishingly rising proportion in the global pistachio trade, while Iran’s participation receded. One of the key factors was the heightened crop yield in the North American region.

Pistachio’s yield crossed the estimated volumes for the year. Compared to the 885 million pounds (approx.) of the previous year, the pistachio yield crossed the estimated volume of around 1 billion pounds (approx.) already by the middle of the third quarter.

Europe’s pistachio imports from Iran decreased by around 60% this year, while increased multifolds from Argentina. The USA remained the top exporter to the EU despite a slight fall in export volumes. Overall, given these supply and demand dynamics, the prices wavered within confined limits, with occasional and marginal upticks.

Analyst Insight

According to Procurement Resource, the Pistachio price trends are expected to remain within a similar range in the coming months as well because the production is expected to be boosted even more in some areas due to El-Nino weather effects.
 

Pistachio Price Trend for the First Half of 2023

Pistachios are a rich source of healthy fats, protein, and dietary fiber with both sweet and savory flavors and thus are used in both cooking and baking. They are also beneficial for heart health and weight management as they have a highly diversified nutritional profile.

In the US markets, the annual production of pistachios will exceed 1 billion pounds as more acres are put into production. Despite competition from Iranian production, domestic pistachio shipments inclined in the first two quarters of 2023, exceeding 250 million pounds.

The exports to Europe, the Middle East, and Africa have grown, with the Middle East seeing a particularly considerable shoot up. In addition to this, China and Hong Kong, along with other areas such as Mexico, Canada, and India also showcased a positive trajectory of demand and thus drove the price trend of pistachios in the northward direction.

Analyst Insight

According to Procurement Resource, the price of Pistachio is expected to follow a positive path as the equilibria of supply and demand seem to be aided by the enhanced production of pistachios in the US and their high export rates.

Procurement Resource provides latest prices of Pistachio. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.