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Australian pistachios Grant Birrell The heavy lifting Aussie - - PowerPoint PPT Presentation
Australian pistachios Grant Birrell The heavy lifting Aussie - - PowerPoint PPT Presentation
Australian pistachios Grant Birrell The heavy lifting Aussie pistachio Aussie pistachios Global picture Australian production/marketing Industry expansion Global pistachio production Annual crop production (tonnes) 800,000
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Aussie pistachios
- Global picture
- Australian production/marketing
- Industry expansion
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Global pistachio production
100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 2014 2015 2016 2017 2018
Annual crop production (tonnes)
Crop year
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Global pistachio production
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2014 2015 2016 2017 2018
The USA is dominating global production
USA Iran Other
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Australian v global production
100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 2018/19 750,000 3,200
Australia 0.4% of global production tonnes in 2018
World Australia
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USA pistachio pricing 2004 to 2018
$1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50 $6.00 May-04 Oct-04 Mar-05 Aug-05 Jan-06 Jun-06 Nov-06 Apr-07 Sep-07 Feb-08 Jul-08 Dec-08 May-09 Oct-09 Mar-10 Aug-10 Jan-11 Jun-11 Nov-11 Apr-12 Sep-12 Feb-13 Jul-13 Dec-13 May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16 Apr-17 Sep-17 Feb-18 Jul-18 Dec-18
$US/lb FOB pricing for R&S 21/25 Extra #1
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Major USA pistachio market destinations
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2013/14 2014/15 2015/16 2016/17 2017/18
Annual shipments (tonnes)
USA China/HK
- W. Europe
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The Trump effect
China tariffs; USA Raw 45% USA R&S 15% Australia nil
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Australian pistachio pricing 2004 to 2018
$5.00 $7.00 $9.00 $11.00 $13.00 $15.00 $17.00 $19.00 May-04 Oct-04 Mar-05 Aug-05 Jan-06 Jun-06 Nov-06 Apr-07 Sep-07 Feb-08 Jul-08 Dec-08 May-09 Oct-09 Mar-10 Aug-10 Jan-11 Jun-11 Nov-11 Apr-12 Sep-12 Feb-13 Jul-13 Dec-13 May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16 Apr-17 Sep-17 Feb-18 Jul-18 Dec-18
$A/kg trade pricing of imported R&S 21/25 Extra #1
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Australian production v Australian demand
1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Pistachio production is ramping up (tonnes)
Australian Production Australian Demand
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Australian pistachio consumption
Supermarkets Marketing Provenance Healthy Snacking Kernel IS v kernel pricing
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Australian industry
1,000+ hectares 35 growers Active R&D Increasing yields New plantings New growers
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Australian Industry
Record 2018 crop 2019 season off crop 1700-1800 tonne Large nut size Excellent quality Hulling expansion
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In summary
Increasing global production Resilient pricing Expanding Australian production
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