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Pistachio Market Overview in Australia |
Market Overview
The revenue of the pistachio market in Australia amounted to $3.2M in 2010, growing by 125% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, pistachio consumption continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2008 when the market value increased by 168% year-to-year. Over the period under review, the pistachio market reached its peak figure level in 2010 and is expected to retain its growth in the near future.
In value terms, pistachio production amounted to $2.9M in 2010 estimated in export prices. Over the period under review, pistachio production continues to indicate outstanding growth. The pace of growth was the most pronounced in 2010 with an increase of 77% against the previous year. In that year, pistachio production reached its peak level and is likely to continue its growth in the immediate term.
In 2010, the average yield of pistachios in Australia totaled 1.1 tonne per ha, surging by 61% against the previous year. In general, the pistachio yield continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2010 when yield increased by 61% against the previous year. In that year, the average pistachio yield reached its peak level and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2010, the pistachio harvested area in Australia amounted to 950 ha, increasing by 3.3% against the previous year. The harvested area increased at an average annual rate of +3.8% over the period from 2007 to 2010; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when harvested area increased by 5.9% y-o-y. Over the period under review, the harvested area dedicated to pistachio production reached its maximum in 2010 and is expected to retain its growth in the near future.
In value terms, pistachio production amounted to $2.9M in 2010 estimated in export prices. Over the period under review, pistachio production continues to indicate outstanding growth. The pace of growth was the most pronounced in 2010 with an increase of 77% against the previous year. In that year, pistachio production reached its peak level and is likely to continue its growth in the immediate term.
In 2010, the average yield of pistachios in Australia totaled 1.1 tonne per ha, surging by 61% against the previous year. In general, the pistachio yield continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2010 when yield increased by 61% against the previous year. In that year, the average pistachio yield reached its peak level and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2010, the pistachio harvested area in Australia amounted to 950 ha, increasing by 3.3% against the previous year. The harvested area increased at an average annual rate of +3.8% over the period from 2007 to 2010; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when harvested area increased by 5.9% y-o-y. Over the period under review, the harvested area dedicated to pistachio production reached its maximum in 2010 and is expected to retain its growth in the near future.

Consumption
In 2010, approx. 952 tonnes of pistachios were consumed in Australia; increasing by 120% against the previous year. In general, pistachio consumption continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2008 when consumption volume increased by 163% against the previous year. Pistachio consumption peaked in 2010 and is likely to see steady growth in the near future.
The revenue of the pistachio market in Australia amounted to $3.2M in 2010, jumping by 125% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, pistachio consumption continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2008 with an increase of 168% against the previous year. Over the period under review, the pistachio market reached its peak figure level in 2010 and is likely to see steady growth in the near future.
The revenue of the pistachio market in Australia amounted to $3.2M in 2010, jumping by 125% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, pistachio consumption continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2008 with an increase of 168% against the previous year. Over the period under review, the pistachio market reached its peak figure level in 2010 and is likely to see steady growth in the near future.

Market Forecast
Driven by increasing demand for pistachio in Australia, the market is expected to continue an upward consumption trend over the next fifteen-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +10.1% for the fifteen-year period from 2010 to 2025, which is projected to bring the market volume to 4K tonnes by the end of 2025.

Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from 270% in 2007 to 46% in 2010. Australia domestic supply is expected to continue its growth.

Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.

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