Eastern Asia: Pistachio Market 2025

Pistachio Market Size in Eastern Asia

The East Asian pistachio market reduced remarkably to $X in 2022, which is down by -37.4% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped markedly in the following year.

Pistachio Production in Eastern Asia

In value terms, pistachio production reached $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 90%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

China (X tons) constituted the country with the largest volume of pistachio production, comprising approx. 84% of total volume. Moreover, pistachio production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR (X tons), fivefold.

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

In 2022, the average pistachio yield in Eastern Asia declined modestly to X tons per ha, approximately mirroring 2021 figures. The yield figure increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the yield increased by 21%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the pistachio yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pistachios production in Eastern Asia dropped slightly to X ha, approximately equating the year before. The harvested area increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 7.2% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Pistachio Exports

Exports in Eastern Asia

In 2022, shipments abroad of pistachios decreased by -45.1% to X tons, falling for the third year in a row after two years of growth. Overall, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2016 with an increase of 63% 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 somewhat lower figure.

In value terms, pistachio exports reduced markedly to $X in 2022. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2016 when exports increased by 47%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Hong Kong SAR (X tons) and China (X tons) was the key exporter of pistachios in Eastern Asia, achieving 99% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China (with a CAGR of -12.5%).

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

In terms of the main exporting countries, China, with a CAGR of -4.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, shrinking by -3% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 +52.5% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by 60% 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 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 (+8.6%).

Pistachio Imports

Imports in Eastern Asia

In 2022, approx. X tons of pistachios were imported in Eastern Asia; dropping by -62.8% on 2021 figures. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pistachio imports contracted sharply to $X in 2022. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 40% against the previous year. As a result, imports reached 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 81% of total imports in 2022. It was distantly followed by Japan (X tons) and Hong Kong SAR (X tons), together constituting a 13% share of total imports. The following importers - Taiwan (Chinese) (X tons) and South Korea (X tons) - together made up 5.6% of total imports.

Imports into China increased at an average annual rate of +5.0% from 2012 to 2022. At the same time, Taiwan (Chinese) (+16.1%), Japan (+5.7%) and South Korea (+5.4%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +16.1% from 2012-2022. By contrast, Hong Kong SAR (-28.6%) illustrated a downward trend over the same period. While the share of China (+60 p.p.), Japan (+5.3 p.p.), Taiwan (Chinese) (+2.8 p.p.) and South Korea (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (-70.2 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported pistachios in Eastern Asia, comprising 74% of total imports. The second position in the ranking was taken by Japan ($X), with a 12% share of total imports. It was followed by Hong Kong SAR, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +8.2%. In the other countries, the average annual rates were as follows: Japan (+8.2% per year) and Hong Kong SAR (-27.5% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with an increase of 5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2013 when the import price increased by 29% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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) (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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