Eastern Asia: Pistachio Market 2024

Pistachio Market Size in Eastern Asia

The East Asian pistachio market shrank markedly to $X in 2022, dropping by X% against the previous year. The total consumption indicated a slight expansion 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 fell dramatically in the following year.

Pistachio Production in Eastern Asia

In value terms, pistachio production rose modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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.

From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest.

The average pistachio yield dropped to X tons per ha in 2022, with a decrease of X% compared with 2021 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded 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 remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pistachio harvested area shrank to X ha in 2022, leveling off at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. 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 reached the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Pistachio Exports

Exports in Eastern Asia

In 2022, overseas shipments of pistachios decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2016 with an increase of 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 remained at a lower figure.

In value terms, pistachio exports reduced markedly to $X in 2022. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of pistachios, namely Hong Kong SAR and China, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of X%).

In value terms, Hong Kong SAR ($X) and China ($X) constituted the countries with the highest levels of exports in 2022.

China, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, shrinking by X% against the previous year. Export price indicated a temperate expansion 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 2017 indices. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Hong Kong SAR amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Pistachio Imports

Imports in Eastern Asia

In 2022, pistachio imports in Eastern Asia shrank sharply to X tons, which is down by X% against 2021 figures. In general, imports saw a deep setback. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, pistachio imports contracted markedly to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Japan (X tons) and Hong Kong SAR (X tons), together committing a X% share of total imports. The following importers - Taiwan (Chinese) (X tons) and South Korea (X tons) - together made up X% 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, Taiwan (Chinese) (X%), Japan (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Japan (X p.p.), Taiwan (Chinese) (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported pistachios in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

In China, pistachio imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while China ($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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