The distribution of shelled pistachios in India showcased significant fluctuations from 2013 to 2023, with values measured in Thousand Metric Tons. In 2023, the volume stood at 36.28, exhibiting a year-on-year variation of 1.07% and a five-year CAGR of 8.89%. The market experienced substantial growth after 2015, with notable peaks in 2020 and a resurgence in 2022. The forecast from 2024 onwards indicates a steady increase, with a five-year CAGR of 4.93% and an overall growth rate of 27.19% up to 2028.
Future trends to watch for include:
- Potential impacts of climate change on pistachio yields.
- Shifts in consumer health trends influencing nut consumption.
- Advancements in agricultural technology improving yield efficiency.
- Government policies affecting agricultural imports and exports.