In 2024, due to the popularity of Dubai chocolate, the price of pistachios rose sharply. A pistachio supplier said that in the past year, the international market price of pistachios has risen from 7.65 US dollars per pound (0.454 kilograms) to 10.30 US dollars per pound, an increase of approximately 35%.

The simultaneous increase in demand and price has stimulated enthusiasm on the supply side. The "Global Tree Nuts Market and Trade" report released by the United States Department of Agriculture shows that in 2024, global pistachio production rose by more than 40% to a record 1.1 million tons. The export volume increased by nearly 55% year-on-year, reaching a record high of 634,000 tons. Consumption increased by 30% to a record 1 million tons.

As the consumption of pistachios in the market continues to rise, consumers' demands for quality, nutrition and high-end pistachios have become more prominent. Healthy consumption awareness and rapidly spreading consumption habits are the driving forces for the growth of the pistachio market and also the opportunities for pistachio suppliers.

According to Tendata Global Trade Data, the Following are The Top 10 Largest Pistachio Suppliers:

1. United States：$862.13 million(52.27% )

2. Iran：$289.72 million(17.57% )

3. Afghanistan：$152.86 million(9.27% )

4. Sweden：$81.91 million(4.97% )

5. China：$51.66 million(3.13% )

6. Vietnam：$48.49 million(2.94% )

7. Russia：$30.16 million(1.83% )

8. Switzerland：$13.47 million(0.82% )

9. Germany：$12.39 million(0.75% )

10. Turkey：$11.30 million(0.68% )

The United States is the world's largest producer of pistachios, especially California, which holds more than half of the market share. Iran, as a traditional major producer of pistachios, still has a strong export volume. Afghanistan relies on pistachios as an important cash crop, and the export scale has been increasing year by year. The market shares of countries such as Russia, Switzerland, Germany and Turkey are relatively small, but they are all stable consumer and re-export markets.

According to Tendata, the Following Companies are the Largest Pistachio Suppliers:

1. WONDERFUL PISTACHIOS AND ALMONDS(United States, $133.57M, 8.10%)

As one of the largest nut exporters in the U.S., the company is known for large-scale farming and premium branding, ensuring stable global supply.

2. OLAM INTERNATIONAL LIMITED(Singapore, $121.61M, 7.37%)

A global agri-business giant from Singapore, excelling in supply chain integration and diversified product offerings.

3. PHADIA AB / HVD VERTRIEBS GES M B H BE...(Sweden, $81.91M, 4.97%)

A Swedish supplier focusing on European distribution, mainly serving food and retail sectors.

4. CHI NHANH CONG TY TNHH OLAM VIET NAM T...(United States, $69.86M, 4.24%)

A subsidiary of Olam Group, handling procurement and exports for the U.S. market.

5. SETTON INTERNATIONAL FOODS INC(United States, $45.90M, 2.78%)

A major pistachio grower and exporter from California, USA, known for premium quality.

6. TRUENUT FOOD MANUFACTURING(Iran, $44.98M, 2.73%)

An Iranian nut processor and exporter leveraging the country's rich pistachio resources for Asia and Europe.

7. HK GOLDLAND DEVELOPMENT LIMITED(Hong Kong, China, $38.60M, 2.34%)

A Hong Kong-based company specializing in nut trade and distribution across Asia.

8. WP PISTACHIOS LLC(United States, $37.52M, 2.27%)

A U.S.-based pistachio exporter with a relatively smaller scale but stable market presence.

9. TINSEY LIMITED(Hong Kong, China, $36.21M, 2.20%)

A Hong Kong trading firm mainly acting as a re-exporter between the Middle East and Asia.

10. AL MEHTAB TRADING CO L L C(Iran, $30.52M, 1.85%)

A traditional Iranian trading company, mainly exporting Middle Eastern nut products.

From the perspective of pistachio suppliers, American enterprises dominate the global market, with obvious advantages in branding and scale. Iranian enterprises, relying on their resource advantages, mainly export to the Middle East and Asia. Enterprises from Hong Kong and Vietnam mostly play the role of re-export trade.

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