Iranian pistachio market report( 10/7/2018)
Last week, Iran pistachio trade faced its lowest level in the past year.
The main reason is the sharp decline in the Rial rate against the dollar.
From past times, Iranian farmers have announced the price of their pistachios in proportion to the price of the dollar.
Due to the one side withdrawal of the United States from the nuclear deal with Iran and the imposition of economic sanctions against Iran, during the past year, the price of the Rial against the Dollar fell from 390 thousand Rials in last year to 170,000 in last week , so farmers raised their pistachio price to related to this rate .
Iran pistachio price Raise
This raised Iran pistachio prices to related us Dollar rate.
In past week, with the announcement of Europe in support of Iran to establish of a new money transfer system for Iran, and also the adoption of new laws that increased the authority of the Central Bank of Iran.
After that the price of the dollar began to decline from 170,000 Rials, (price report is $ 125,000 Rials at this moment).
But Farmers are refusing to rebound their prices, so traders and exporters are waiting for a stabilization of the price range of the dollar rate and their do not decide on the deal.
We should add that this year, Iran has been severely crippling pistachio crop, and because of the lack of supply, it tends to see a tendency to sell at high prices on the market.
At the moment, the highest purchasing pressure on the Iranian pistachio market comes from the Indians, due to the closeness of the largest Indian festival, Diwali.
On the other hand, in the past week, truck drivers in Iran have been striking, which has disrupted Iran’s transportation system and, as a result, Iran’s exports to other countries, and still not all drivers have returned to their jobs.
The pistachio production of year 2018 and the warehouse.
The Iranian Pistachio Association’s preliminary forecast is that the total Iran pistachio production will be 55 thousand tons in a new year.
As noted above, this dramatic decline in product in 2018 due to climate shocks in the winter and spring of this year.
The highest reductions in the amount of Iran pistachio production in Kerman province have been experienced since the previous year, while other areas of pistachio work better and their reduction will be less than Kerman.
Also, this year’s dominant Iran pistachio crop will be of long variety (Ahmad Aghaee,Akbari,Badami).
According to the Iranian Pistachio Association, the amount of transshipment from the year before 2018 is about 35 thousand tons.
This amount transshipment is due to a shortage of crop and also because of high increases in the dollar against the Rial.
Since pistachio is an export product with a dollar price, Iranian merchants and gardeners are considered as currency equivalent during inflation, in order to avoid the effects of the depreciation of the Rial.
Pistachio demand “Far East”
The Iranian pistachio exported to the Far East until 2007 has had a bullish trend regardless of Iran’s pistachio production. After 2007, demand fluctuations followed the Iran’s pistachio change. Production and demand numbers show that between 2002 and 2009, about 20 percent of Iran’s pistachio production exported to the Far East, and after 2009, demand for Far East had reached to 30 percent of Iranian pistachio production.
The total amount of pistachios exported from Iran and the United States to the Far East has been increasing, rising to 145 thousand tons in 13 years from 24 thousand tons in 2003, which represents an increase of 516 per cent in demand.
The amount of pistachio imported to the Far East from the sum of the countries of Iran and the United States is consistent with the amount of pistachios exported from Iran, and only in a few years of low pistachio production, the American pistachio filled the supply gap. This circular graph shows that “Far East” is a major destination for this year’s pistachio.
Of course, Seems the Indian market in a match with the ” Commonwealth of Nations” and the European market will take them over and it will take a larger share of Iran’s pistachios than in the past.
Finally, according to available information, it is expected that the total pistachios available today will not have a significant chaos compared to last year.
Harvest of Iranian pistachio started one month ago, harvest time of pistachios are different on varieties and regions:
Iranian pistachio Varietal types are classified as:
(a) Long pistachio (Akbari ( Super long ) , Ahmad Aghaee , Badami )
(b) Round pistachio (Kale Ghuchi ( Jumbo ) , Fandoghi )
Our processing factories are located next to the pistachio trees in pistachio growing regions in Iran.
The hardest part of work is buying pistachio , in Hiva Bazargan Pars factories we have experts how carefully buying pistachios ,you will be amazed when you see how we care about quality .
When fresh raw Iranian pistachio comes to the factory it goes for hulling process , after hulling we control moisture and it decrease to the standard level , we do it with special machine but also its available by sun ( sun dried).
As you can see on this video we show dried in shell pistachio processing machine how separate close mouth(un open) pistachios ,final production will have less than 5% of close mouth pistachio also this machine separate pistachios that they are small (out of standard).
In next station we care about other pistachio quality elements , with high trained staff we separate unacceptable pistachios to above standard level.
We inspect pistachios in some elements such as stain , mould , insect ,foreign materials and we separate(as a rejection) unacceptable ones .
We have packing factory in Tehran province , Tehran is capital of Iran.
We transfer our processed pistachios for packaging and storage to this factory. we care about costumers packaging needs.
All customers around the world before buying from us can come and see our good product in our packaging factory , also when they buy ,before shipment they can come and inspect their order to be in a right place.
Fill free to contact us for your request.
Find us on whats-app +98 9129639642 or email us to : Hivasales@Iran-pistachios.com
Iran pistachio Harvest started
According to market reports , in this year(2018) Iran pistachio crop will be even less than previous forecasts.
Despite of decrease in Iran crop amount we have access to good farms.
Today we load our first new crop ” Ahmad Aghaee ” for India and
You can see how good is our quality on this video.
We suggest to serious buyer that start to buy pistachio now.
To buy Iranian pistachio please contact us:
Whats-app : +98 9129639642