Forecast: Shelled Pistachios Supply in Canada

The supply of shelled pistachios in Canada experienced significant fluctuations from 2013 to 2023. After peaking at 18.8 thousand metric tons in 2013, there was a substantial decline until 2015, followed by a period of stability from 2016 to 2018. A gradual recovery began in 2019, with notable year-on-year growth of 23.35% in 2023, reaching 3.21 thousand metric tons. The compounded annual growth rate (CAGR) over the past five years stood at 5.11%.

Forecasts suggest a positive trend, with the supply projected to reach 6.12 thousand metric tons by 2028, achieving a forecast 5-year CAGR of 9.99% and an overall growth rate of 60.98%. This indicates a robust recovery and expansion in the market.

Future Trends to Watch For:

  • Potential impacts of climate change and environmental policies on pistachio farming and supply.
  • Shifts in consumer preferences and demand for nuts in Canada.
  • Trade policies and import regulations that could affect supply dynamics.

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