The supply of shelled pistachios in the US has shown considerable fluctuations over the past decade. The data indicates substantial growth and significant variations yearly. After a low in 2015 with a sharp decline of 26.22%, the supply rebounded prominently in 2016 by 128.99%. Over the last five years ending in 2023, the compound annual growth rate (CAGR) was 5.43%, demonstrating steady expansion. In 2023, the supply stood at 646.74 thousand metric tons, reflecting an 11.21% increase from the previous year. The forecast through 2028 projects a modest CAGR of 4.52%, with an overall growth rate of 24.74% during this period.
Future trends to watch for include:
- Climate impact on yield variations
- Technological advancements in pistachio farming
- Shifts in global demand and exports
- Changes in regulatory policies and trade agreements
