Domestic consumption of shelled pistachios in Canada saw a dramatic decline between 2013 and 2014, dropping from 18.8 to 8.03 thousand metric tons. From 2015 to 2018, consumption stabilized around 2.5 thousand metric tons. A modest uptick began in 2019, reaching 3.21 thousand metric tons by 2023. Year-on-year variations highlight significant fluctuations, with a recent positive trend: a 23.35% increase in 2023, following a 21.21% decrease in 2022. The CAGR for 2023 stood at 5.11%, indicating a slow but positive recovery trend over the past five years.
Future trends to watch for include:
- Increasing consumer demand for healthy snacks driving consumption growth
- Trade policies and economic conditions affecting import and pricing dynamics
- Innovations in pistachio product offerings boosting market appeal
