The supply of shelled pistachios in Australia demonstrated significant volatility over the past decade, with notable fluctuations. Beginning at 6.63 thousand metric tons in 2013 and peaking at 8.03 thousand metric tons in 2014, the supply sharply declined by 75.09% in 2015 to 2.0 thousand metric tons. The following years saw minor recovery and further fluctuations, with a notable increase in 2020 by 44%. In 2023, the value stood at 3.1 thousand metric tons, a 10.86% year-on-year increase with an average annual growth (CAGR) for the past five years at 1.37%.
The forecast data suggests a positive growth trajectory, reaching 4.5 thousand metric tons by 2028, translating to a CAGR of 5.82% and an overall growth rate of 32.67% over the next five years.
Future trends to watch for include factors influencing agricultural yields, such as climate change and technological advancements in farming practices. Additionally, market demand shifts driven by changes in consumer preferences towards healthier snacks could significantly impact supply levels.
