|YTD Inventory / Shipment Report |
|4th Marketing Month||Crop: 2019||1. 2019 year‐to‐date shipments (as of 1 January) stay at 58,000 MT of pistachios, which show a 35% decline compared to 2017 for the same period. Factors such as the price disparity between domestic and the global market, limited supply from the growers at the beginning of the current crop year, launching pistachio trade at IME, expectations of the exchange rate increase and limitations on monetary transfers have restricted Iranian pistachio exports in the past few months.|
2. The Far East has been the main market for Iranian pistachios through December. Exports to this market amount to 19,000 MT; a 56% drop compared to crop year 2017 for the same period. Of the Far East’s total pistachio imports of 67,000 MT, Iran’s share stands at 28%, while the US is ahead at 72% of the market share. Iranian exporters have been trying to cope with the demand for high-volume contracts in the past few years in this market.
3. Cumulative export shipments to the Indian Subcontinent through December stand at 8,043 MT, down 27% compared to crop year 2017 for the same period. Out of the approximately 9,000 MT of pistachios being imported by this growing market, Iran's share stands at 93%, with the US having a 7% market share.
4. Cumulative export shipments to Turkey and UAE (Re-Export Markets) through December stand at 10,000 MT, up 43% compared to crop year 2017 for the same period. Out of the approximately 12,000 MT of pistachios being imported by these markets, Iran's share stands at 87%, with the US having a 13% market share.
5. For the first time in history, long varieties of Iranian pistachios are offered at competitive prices with the similar sized US Extra Number 1 (21-25). Therefore, the export figures for these varieties is expected to improve in the future.
|Carry in from prevoius year||22,000|
|Note : addjustment / losses related to shelling and peeling process of kernels and green kernels.|
Current Crop Year