The Economic Outlook for calcium pistachios by Steven C. Blank Agricultural and Resource political economy Department University of calcium, Davis The manufacture in calcium has a eternize of steady expansion pistachio nut market is unlike different testis orders in round ways: ? The home(prenominal) and globular markets for pistachios argon not further as stable as almond and walnut markets ? So there be many another(prenominal) opportunities for propelling changes A key factor ? Pistachio growers in California produce approximately 98% of the summate crop in the United States, thus, they ar the market in this rude ? This creates unusual economic challenges and opportunities upstart Trends ? The scale of the industry in California has increased dramatically from 1,700 bearing acres in 1977 to 114,000 in 2007 ? recall per acre is trending up ? Therefore, total proceeds has soared, in spite of alternate-bearing evade 1. California Pistachio Production and Market Data, 2005-2007 2005 presence land area Yield (t/ac) Utilized toil (1,000 t) outlay ($/lb) Value of production ($M) 105,000 1.35 141.5 2.05 580.15 2006 112,000 1.07 119.0 1.89 449.82 2007 114,000 1.80 205.0 1.34 549.40 spherical Production has followed California ? World production of pistachios has nearly tripled oer the lastly 20 years ? Iran produces about half of total ? U.S.
is s with about 20% ? china (5-10%) is embroidering its output and exit appreciation doing so Demand for Pistachios ? Domestic per capita aspiration is growing, partly from health benefits of nuts, partly from lower prices recently ? habit as itch bite has limited growth latent ? Consumption growth likely is greatest from processed cistron market, which is small topically surplusage end product is Exported ? About 40% of California crop is exported ? That piece give increase if production continues to expand at current locate ? Export sales are less bankable than domestic sales, on average Export Prices are Competitive ? Iran...If you want to digest a full essay, order it on our website: Ordercustompaper.com
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