Analyzing the supply of shelled pistachios in the UAE shows fluctuations from 2013 to 2023. The supply in 2023 stood at 21.12 thousand metric tons. Year-on-year variations exhibit significant volatility. For instance, a notable decrease of -28.69% occurred in 2016, followed by a gradual recovery. From 2021 to 2023, the supply showed positive growth rates of 6.55%, 11.73%, and 5.62%, respectively. The CAGR over the last five years (2019-2023) is 10.54%, indicating an overall strong upward trend.
Future trends in shelled pistachio supply suggest a continuation of moderate growth. The forecasted values from 2024 to 2028 indicate a 5-year CAGR of 3.71%, with a total forecasted growth rate of 19.96%. This suggests a stable increase in supply, potentially supported by improved agricultural practices and increased demand.
Future trends to watch for:
- Potential impacts of climate change on pistachio production.
- Shifts in consumer preferences towards healthier snack options.
- Economic and trade policies affecting agricultural imports in the UAE.
- Technological advancements in pistachio farming and processing.
