According to the January shipment report released by ACP (Pistachio Control Council) at the end of February:
2024/2025 California pistachio production is 503,238.43 tons, plus last year's carry-over inventory of 83,737.42 tons, the total inventory is expected to be at 586,975.85 tons, and the adjusted actual total inventory is 522,288.78 tons. Excluding the current sales volume of 209,781.79 tons, as of January 31, 2025, the saleable inventory is 312,506.99 tons. Since the actual production in 2024 was lower than the estimated 522,000 tons - 612,000 tons and lower end-of-season carry-over inventory, the saleable inventory is still 25.07% lower than 390,840.89 tons in the same period of 2024 even though the total sales volume as of the end of January 2025 is lower than last year's level.


From September 2024 to January 2025, the sales volume in the United States was 46,682.41 tons, comparing with 47,883.87 tons in the same period of last year, a decrease of 2.57%; meanwhile, the sales volume in the export market has also dropped sharply, with the export sales volume of 163,099.39 tons from September 2024 to January 2025, comparing with 230,844.99 tons in the same period of last year, a sharp decline of 41.54%. Combining the sales data of the U.S. market and the export market as a whole, the total sales volume for September 2024-January 2025 was 209,781.79 tons, compared with 278,728.87 tons in the same period last year, a total sales volume decline of 32.87%.
Asia-Pacific shipments decline


Contrary to last year's sustained growth in shipments, the major decline in export market sales in the current quarter was also reflected in the Asia-Pacific region. It declined by 60.62% in comparison to the same period.
2024.9.1-2025.1.31 80,930.92 tons 2023.9.1-2024.1.31 129,989.83 tons of which is worth paying attention to China as a major importer of pistachios in California, the beginning of the season as of the end of January, the total imports of pistachios from the production season of 2023/2024 season of 101,632.61 tons down to the current production season of 54, 984.74 tons, down 84.84%. From the declining import data, the large amount of California pistachios imported by China in the 2023/2024 season has not been fully “digested” in the domestic market? Summarize and share


Pistachio prices have been relatively stable compared to other nut products over the past few seasons. Also because supplies are low this season, if shipments remain strong, inventories could be very low at the end of the season. This may also be a reason for optimism in the U.S. market. For the year-over-year decline in shipments, they attribute it to lower production, not a weak market.

Translated with DeepL.com (free version)