Pistachio Market Overview in the United Arab Emirates
The revenue of the pistachio market in the United Arab Emirates amounted to $20M in 2010, picking up by 4.8% 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 +4.8% over the period from 2007 to 2010; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010 with an increase of 4.8% year-to-year. In that year, the pistachio market attained its peak level and is likely to continue its growth in the immediate term.