The recurrent lockdowns due to COVID-19 mobility restrictions have been contributing to growth momentum in pistachio, as people have become more concerned about their personal wellbeing. Meanwhile, pistachio is expected to perform better than the average for overall nuts over the forecast period, due to the potential health benefits of reducing stress and improving sleep quality.
In 2022, the China General Administration of Customs approved import licenses for more than a dozen Brazilian peanut producers. Imports of peanuts from Brazil are expected to increase considerably over the forecast period, with the potential to stabilise market price fluctuations caused by seasonality and the gap between production and consumption domestically.
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This includes unpackaged and packaged single variant raw unprocessed nuts, whether in shell or deshelled. Nuts is the aggregation of almonds, coconuts, peanuts (or groundnuts), pistachio, walnuts and other nuts. All nuts that are further processed through for example roasting or flavouring or mixed with dried fruit, as well as mixes of different kinds of nuts are excluded whether packaged or unpackaged. Note that nuts used for flavouring beverages and the extraction of oil or fat are excluded from the channels covered, as are chewing/stimulant nuts: areca/betel nuts, kola nuts, illipe nuts, karate nuts, coconuts, tung nuts, oil palm nuts, etc.See All of Our Definitions
This report originates from Passport, our Nuts research and analysis database.
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