The price of pistachios on the global market has sharply risen due to military events in the Middle East, which disrupted supplies and exports from Iran — one of the main suppliers of these nuts, writes Bloomberg, citing the analytical company Expana Markets.
Illustrative photo. Photo: freepik.com
Iran accounts for about 30% of global pistachio exports, so any problems in the region greatly affect this market.
Due to the military conflict, there have been disruptions in fertilizer supplies to the country, as well as difficulties with product export. As a result, prices have reached an eight-year high — around $4.57 per pound (454 g).
In addition, due to instability in the region, transport companies have begun to refuse new shipments to the Middle East. This has already affected deliveries to India and routes via the United Arab Emirates and Turkey.
Analysts note that amidst these problems, the shortage of pistachios is intensifying, further increasing competition and pushing prices up.
However, a market shortage was observed even earlier — back in 2025. At that time, demand for pistachios significantly increased, partly due to the popularity of various products, such as Dubai chocolate, where they are widely used.
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