Pistachio Market Overview in Malaysia

The revenue of the pistachio market in Malaysia amounted to $3.8M in 2010, surging by 2.2% 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). The market value increased at an average annual rate of +2.2% from 2007 to 2010; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 with an increase of 2.3% 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 2010, the consumption of pistachios in Malaysia totaled 518 tonnes, going up by 1.6% against the previous year. The total consumption volume increased at an average annual rate of +1.6% over the period from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of 1.7% y-o-y. Over the period under review, the pistachio consumption attained its maximum volume in 2010 and is expected to retain its growth in the near future.

The revenue of the pistachio market in Malaysia amounted to $3.8M in 2010, increasing by 2.2% 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). The market value increased at an average annual rate of +2.2% from 2007 to 2010; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of 2.3% y-o-y. Pistachio consumption peaked in 2010 and is likely to see steady growth in the near future.

The pistachio market is expected to start a downward consumption trend over the next fifteen-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -2.3% for the fifteen-year period from 2010 to 2025, which is projected to depress the market volume to 363 tonnes by the end of 2025.

Malaysia remains a net importer of pistachio; in physical and value terms, imports consistently exceeded exports from 2007 to 2010. In 2010, there was a significant trade deficit of 518 tonnes, which was equal to $3.8M. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.