|Monthly and YTD Inventory / Shipment Report
Crop Month 2015
|1. At the start of present marketing year, availability of pistachio stocks (2014 harvest plus carryover from old stock) was 9% below the previous year, whereas export shipments in the first six marketing months of the 2014 crop were 25% below the previous year. This can be accounted for by the economic downturn in major importing countries
2. Export shipment trends seem to be following historical norms after an exceptional marketing year for the 2013 crop. Historically, around 65% of total Iranian pistachio exports happen in the first 6 months post-harvest, whereas for the 2013 crop, 75% of the exports happened in the first half of the marketing year.
3. The above shortfall in exports is not evenly distributed among the destination markets:
a) Shipments to the Far East have fallen by 28% which is comparable to the average fall in exports.
b) Re-Export Markets (Turkey & Dubai) have imported 41% less in comparison with the previous year. Direct export to Iranian pistachio’s other destinations is one of the reasons for this drop. Dubai has also imported less pistachios from Iran; direct exports from Iran into the Indian Subcontinent may have contributed to this.
4. Iranian exports to the EU15 show an increase of 18% in spite of the fall in total Iranian exports.
6th Marketing Month
|Carry in from previous year
|Total Crop Estimate
|Adjustment/ losses, Domestic
|Adjustment/ losses, Export