The domestic consumption of shelled pistachios in China has shown significant fluctuations over the past decade. Starting at 79.9 thousand metric tons in 2013, it reached a peak of 155.0 thousand metric tons in 2020 before dropping to 68.0 thousand metric tons in 2022. As of 2023, the consumption stands at 128.36 thousand metric tons, reflecting a YoY increase of 88.76%. Over the last five years, the CAGR is at 4.14%, showing moderate growth despite yearly volatility.
Forecasted data predict a continued upward trend in consumption, with incremental growth expected to reach 152.86 thousand metric tons by 2028, suggesting a forecasted 5-year CAGR of 2.77%.
Future trends to watch for:
- Potential impacts of economic conditions and consumer purchasing power.
- Changes in dietary preferences and health awareness among Chinese consumers.
- Import policies and trade relations affecting supply chains.
- Emerging competitive products or substitutes in the market.
