The supply of shelled pistachios in India has shown fluctuating growth from 2013 to 2023, with a marked increase in recent years. In 2023, the supply stood at 36.28 thousand metric tons, showing a minimal year-on-year growth of 1.07%. Over the last two years, the growth rates were 39.69% in 2022 and -29.97% in 2021, demonstrating volatility. The compound annual growth rate (CAGR) over the last five years is 8.89%, indicating a steady upward trend despite the fluctuations.
Future trends to watch include:
- Moderate growth expectations with a forecasted 5-year CAGR of 4.93%.
- Projected supply reaching 49.61 thousand metric tons by 2028.
- Market dynamics such as consumption patterns, pricing, and import regulations impacting supply stability.