| YTD Inventory / Shipment Report In Tons | ||
| 12th Marketing Month | Crop: 2025 | 1. Export shipments during the 12th marketing month (23 August–22 September) amounted to 9,000 MT of inshell equivalent pistachios. Despite available inventories, new offers were very limited in anticipation of a smaller 2026 crop and continued depreciation of Iranian Rial. Conflict-related shipment challenges remained in place, while tighter supply continued to push prices higher. Overall, a good portion of the month’s shipments reflected previously committed sales. 2. Annual export shipments reached 146,000 MT of inshell equivalent pistachios, down 28% from the previous marketing year. Including an estimated 24,000 MT of domestic consumption, total shipments amounted to 170,000 MT. The total shipment to opening-inventory ratio for the whole marketing year stood at 71%, resulting in the largest ending inventory (70,000 MT of inshell equivalent pistachios) in the history of the Iranian pistachio industry. The decline in exports was largely anticipated given the various export impediments throughout the marketing year, including regional tensions, persistent logistical and operational challenges and exchange rate fluctuations. 3. Kernels, Green Kernels and close-shells as raw material for kernels, accounted for almost half of this year’s export shipments. Kernel demand continues to be the main driver for Iranian pistachio exports. The 2025/26 marketing year observed a continued growth in global kernel consumption, marking a historic record for Iranian pistachio kernels in terms of both volume and market diversification. 4. IPA's pre‐harvest forecast for the 2026 Iranian pistachio crop stands at 118,000 MT of dried inshell pistachios. The new crop is expected to consist of approximately 65% long varieties and 35% round varieties. IPA’s post-harvest estimate of the new crop will be announced in November. 5. As the 2026/27 marketing year begins, the global pistachio market is facing an unprecedented tight supply, elevated prices and considerable uncertainties. Iranian exporters continue to grapple with domestic regulatory challenges in addition to higher freight, insurance and logistical costs. Looking further ahead, attention will gradually shift toward the 2027 crop, with early indications from orchards in 2027 spring, shaping market dynamics and price expectations for the second half of the marketing year. |
| Carry in from prevoius year | 15,000 | |
| Total Production | 225,000 | |
| Gross Inventory | 240,000 | |
| Domestic Consumption | (24,000) | |
| Export Shipments | (113,000) | |
| Adjustment/losses, Export | (33,000) | |
| Total Consumption | (170,000) | |
| Remaining Inventory | 70,000 | |
| Note : addjustment / losses related to shelling and peeling process of kernels and green kernels. | ||
Current Crop Year
Monthly Report.pdf
Annual Report.pdf
