Pistachio Market 2025: Global Supply Tightens as California Hit by Off-Year

California's pistachio crop is in an off-year cycle, reducing US exports by an estimated 35%. Iran stands to gain significant market share in Southeast Asia, the EU, and Gulf markets.

Pistachio trees follow a biennial bearing pattern, and 2025 is expected to be an off-year for California — the world's second-largest producer. USDA preliminary estimates suggest a 40% reduction from 2024's record crop. This has already driven benchmark prices up 11% since January 2025. Iranian pistachio, particularly the Ahmad Aghaei and Akbari varieties, are well-positioned to fill this gap. ParsAgrex is currently accepting advance orders for the 2025 harvest (Aug–Sep) with volume commitments securing prices at current levels.