YTD Inventory / Shipment Report
In Tons
7th Marketing MonthCrop: 20231. Year-to-date export shipments by the 7th marketing month has reached 86,000 MT of in-shell equivalent pistachios. With an estimated 19,000 MT of domestic consumption, the remaining marketable inventory at the end of the 7th marketing month is estimated to be 95,000 MT of dried in-shell pistachios.

2. Higher foreign currency exchange rate in Iran, lead to relative price adjustments. Meanwhile, reports indicate that US pistachio spot prices have moved up since January. These two factors have contributed to making Iranian pistachios more competitive in global markets.

3. Iranian pistachio kernels are in high demand which has resulted in a de facto price floor for Iranian in-shell pistachios. Through mid-April, Kernels and Green Kernels amounted to 43% of in-shell equivalent export shipments (if we include closed shells as raw material for kernels) as compared to the four-year average figure of 35% for the same period.

4. The demand for Iranian Green Peeled Pistachio Kernels remains very strong. As GPPK supply to the Middle East market from other origins was limited, Iranian GPPKs are in more demand in this market compared to previous years.

5. IPA’s rough guesstimate of Iranian 2024 crop at the INC annual Congress stood at 200,000 MT of in-shell pistachios. The official forecast of the new crop will be out in June.
Carry in from prevoius year20,000
Total Production180,000
Gross Inventory200,000
Domestic Consumption (19,000)
Export Shipments (70,000)
Adjustment/losses, Export (16,000)
Total Consumption (105,000)
Ending Inventory95,000
Note : addjustment / losses related to shelling and peeling process of kernels and green kernels.

 

Current Crop Year 

Monthly Report.pdf
Annual Report.pdf