The distribution of shelled pistachios in the UAE experienced fluctuations over the past decade, with recorded values showing a peak in 2014 at 23.2 thousand metric tons followed by a significant decline in 2016 at 15.1 thousand metric tons. By 2023, the volume stood at 21.12 thousand metric tons, showing recovery and steady growth. Year-on-year variations fluctuated notably, with a sharp decline of -28.69% in 2016 and subsequent recovery, reflected by positive growth in recent years, achieving a year-on-year increase of 5.62% in 2023.
The average annual growth rate (CAGR) over the last five years improved to 10.54%, indicating a robust recovery and positive trend. The forecast for the next five years anticipates a CAGR of 3.71%, predicting the distribution to reach 26.71 thousand metric tons by 2028, reflecting an overall growth rate of 19.96% from 2023.
Future trends to watch for include:
- Potential impacts of economic fluctuations and consumer purchasing power on pestichio demand.
- Influence of health and wellness trends driving increased consumption.
- Seasonal variations and agricultural factors affecting supply stability.
