YTD Inventory / Shipment Report In Tons | ||
5th Marketing Month | Crop: 2023 | 1. Year-to-date export shipments by the 5th marketing month has reached 68,000 MT of in-shell equivalent pistachios. With an estimated 10,000 MT of domestic consumption, the remaining marketable inventory at the end of the 5th marketing month is estimated to be 122,000 MT of dried in-shell pistachios. 2. 34% of this year’s estimated marketable inventory has been exported through mid-February, indicating a significant decline in exports. This ratio stood at 51% during the last bumper crop year of 2020-21. Government-imposed restrictions on export revenue is still acting as an obstacle for Iranian pistachio exports. 3. From mid-January, the foreign currency exchange rate in Iran has been rising. Meanwhile, reports indicate that the US pistachio prices have moved up since January. These two factors have contributed to making Iranian pistachios more competitive in the global markets. 4. Iranian pistachio kernels are in high demand which has resulted in a de facto price floor for Iranian in-shell pistachios. Through mid-February, Kernels and Green Kernels amounted to 42% of export shipments (in-shell equivalent, if we include closed shells as raw material for kernels) as compared to the four-year average figure of 33% for the same period. 5. The demand for Iranian Green Peeled Pistachio Kernels remains very strong. As GPPK supply from other origins was limited in the Middle East market, Iranian GPPKs are in more demand in this market compared to previous years. 6. Due to a very mild winter, it is believed that pistachio trees in most producing areas have not acquired sufficient chill hours. Further updates on the probable effect of insufficient chill on the bloom will be provided in future reports. |
Carry in from prevoius year | 20,000 | |
Total Production | 180,000 | |
Gross Inventory | 200,000 | |
Domestic Consumption | (10,000) | |
Export Shipments | (56,000) | |
Adjustment/losses, Export | (12,000) | |
Total Consumption | (78,000) | |
Ending Inventory | 122,000 | |
Note : addjustment / losses related to shelling and peeling process of kernels and green kernels. |
Current Crop Year
Monthly Report.pdf
Annual Report.pdf