The distribution of shelled pistachios in the US saw significant fluctuations from 2013 to 2023. The years 2015 and 2019 were marked by substantial declines in volume, while 2016 and 2020 experienced remarkable growth. In 2023, the volume stood at 646.74 thousand metric tons, with an 11.21% year-on-year increase. The five-year CAGR leading up to 2023 was 5.43%, indicating consistent overall growth despite some annual variabilities.
The forecast from 2024 to 2028 predicts steady growth, with the distribution expected to reach 861.4 thousand metric tons by 2028, implying a projected 5-year CAGR of 4.52%. This indicates a more stable increase compared to historical trends.
- Noteworthy annual variances highlight susceptibility to external factors.
- The impressive growth in volumes during certain years suggests potential supply chain improvements or increases in demand.
Future trends to watch for include potential impacts of climate change on harvest volumes, shifts in consumer preferences towards healthier snacks, advancements in agriculture technology, and trade policies affecting import/export dynamics.
