Pistachio Market Overview in Saudi Arabia
The revenue of the pistachio market in Saudi Arabia amounted to $7.1M in 2010, declining by -5.6% 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). Overall, pistachio consumption continues to indicate a drastic drop. The pace of growth was the most pronounced in 2010 with a decrease of -5.6% against the previous year. Over the period under review, the pistachio market reached its maximum level at $8.5M in 2007; however, from 2008 to 2010, consumption remained at a lower figure.