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YTD Inventory / Shipment Report in Tons 7th Marketing Month Comments

1.       In the 7th marketing month Iran’s export shipments are about 4,000 MT. Since this month coincides with the Iranian New Year holidays (Norouz), shipments are few and incidental. However, export volume in the 7th marketing month is more than the average figure of the past 4 years (2013-2016: 3,205 MT) for the same month.  
2.       The inventory at the end of marketing month 7 (56,000 MT) stands at 31% of this year's total marketable inventory (for Export) of approximately 182,000 MT, while this figure for the average of the previous four crops (2013-2016) stands at around 36%. It is noteworthy to add that the US ending inventory at the end of March 2018 is 73%, while Iran’s share stands at 27% of total remaining inventory (211,000 MT).
3.       In the past seven months, the Far East has had the highest share in exports. However, its figure is less than the average figure of the past 4 years (2013-2016: 51,000 MT) for the same period. Out of 117,000 MT of total shipments to the Far East through March, Iran’s and the US share stands at 39% and 61% respectively.  
4.       This year’s share of Iranian pistachio shipments to EU15 countries (16,000 MT) has outstandingly been more than the average figure of the past 4 years (2013-2016: 10,000 MT). Through March, Iran’s share of shipments to EU15 is 33%, with the US being 67% of total shipments to the Western Europe.
5.       Indian Subcontinent market (quality and variety-oriented) is robustly growing with a high potential for import of Iranian pistachios. The current marketing year’s share of shipments to these countries (14,000 MT) has remarkably been more than the average figure of the past 4 years (2013-2016: 7,000 MT). Moreover, Iran’s share of shipments to Indian Subcontinent market is 93%, with the US being 7% of total shipments to this market.

4-Year Average Comparison (Destination)
4-Year Average Comparison (Product)
Monthly Report.pdf
Annual Report.pdf

Crop 2017
7th Marketing Month

YTD

Carry in from previous year

3,000

Total Crop Estimate

225,000

Opening Inventory

228,000

Domestic Consumption

43,000

Export Shipments

113,000

Adjustment/losses, Export

16,000

Total Consumption

172,000

* Ending Inventory

56,000


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