Pistachio Price Trend and Forecast 2026-2027

Market Overview

Pistachio prices in Germany, the highest-cost reporting region given its position as a major European import market, eased 4.9% in Q2 2026 to USD 9,700.00/MT from USD 10,200.00/MT in Q1, as new-crop arrivals from major producing origins began easing the tighter conditions of the preceding quarter. US prices similarly eased 6.5% to USD 8,600.00/MT, tracking the same seasonal easing pattern. Globally, the average fell from USD 8,986.00/MT in Q1 to USD 8,482.00/MT in Q2, a 5.6% decline, following a sharp 10.7% rise in Q4 2025 tied to tighter old-crop supply ahead of the new harvest. For H2 2026, a global average of USD 7,500.00-10,600.00/MT is expected, with new-crop supply availability likely to keep this market on a seasonally calmer path through the second half of the year.

Pistachio is a tree nut cultivated primarily in warm, arid growing regions, with the United States, primarily California, and Iran together accounting for the large majority of global production and export volumes. It is consumed both as a snack nut, roasted and salted or in-shell, and as a processed ingredient in confectionery, ice cream, and bakery applications, valued for its distinctive flavor and green color. Because pistachio trees exhibit pronounced alternate bearing, producing significantly larger crops in alternating years, and because harvest timing is concentrated in a narrow autumn window, this market experiences meaningful seasonal price swings tied to the transition between old-crop and new-crop supply availability. Harvest timing and alternate bearing cycles, origin-country weather and growing conditions, and global snack and confectionery demand are what drive prices in this market.

Pistachio Price Forecast for 2026

The outlook for Pistachio through H2 2026 points to a seasonally calmer path as new-crop supply from major producing origins continues easing the tighter old-crop conditions that characterized late 2025 and early 2026. Steady global demand from snack nut and confectionery applications should continue supporting consumption, with pricing expected to track the typical seasonal pattern of easing through the mid-year period before tightening again as the market approaches the next harvest transition.

The main upside risk is an adverse weather event affecting California or Iranian growing regions during the critical spring bloom period, which could reduce the upcoming harvest and tighten supply ahead of schedule. The main downside risk is a larger-than-expected new harvest combined with softer global snack nut demand, which could extend the current seasonal easing further than currently expected.

For the Quarter Ending June 2026

Pistachio Prices Q2 2026:

• Germany: USD 9,700.00/MT
• United States: USD 8,600.00/MT
• China: USD 8,200.00/MT
• Iran: USD 7,100.00/MT

Pistachio Prices in Germany

German Pistachio prices averaged USD 9,700.00/MT in Q2 2026, the highest of any region tracked here, down 4.9% from USD 10,200.00/MT in Q1, as new-crop arrivals began easing the tighter conditions of the preceding quarter.

Why did the price of Pistachio change in Q2 2026 in Germany?

New-crop arrivals from major producing origins continued easing the tighter old-crop supply conditions that had characterized this market through the winter months.

Pistachio Prices in the United States

US prices averaged USD 8,600.00/MT in Q2 2026, down 6.5% from USD 9,200.00/MT in Q1, tracking the same seasonal easing pattern evident across major producing and consuming regions.

Why did the price of Pistachio change in Q2 2026 in the United States?

As California origin supply began transitioning toward the next harvest cycle, easing seasonal conditions continued pulling prices down from the tighter levels recorded earlier in the year.

Pistachio Prices in China

Chinese prices averaged USD 8,200.00/MT in Q2 2026, down 5.7% from USD 8,700.00/MT in Q1, as steady snack nut demand continued supporting this market even as supply conditions eased.

Why did the price of Pistachio change in Q2 2026 in China?

Steady demand from snack nut and confectionery applications continued supporting this market even as easing new-crop supply availability pulled prices modestly lower.

Pistachio Prices in Iran

Iranian origin prices, the lowest of the four regions, averaged USD 7,100.00/MT in Q2 2026, down 5.3% from USD 7,500.00/MT in Q1, tracking the broader seasonal easing pattern.

Why did the price of Pistachio change in Q2 2026 in Iran?

Origin-market pricing continued tracking the broader seasonal easing pattern as new-crop supply availability improved ahead of the next growing cycle.

For the Quarter Ending March 2026

Pistachio Prices Q1 2026:

• Germany: USD 10,200.00/MT
• United States: USD 9,200.00/MT
• China: USD 8,700.00/MT
• Iran: USD 7,500.00/MT

Pistachio Prices in Germany

German prices rose 4.1% in Q1 2026 to USD 10,200.00/MT from USD 9,800.00/MT in Q4 2025, extending the tighter old-crop conditions recorded late in the prior year.

Why did the price of Pistachio change in Q1 2026 in Germany?

Tighter old-crop supply conditions, tied to this market's pronounced alternate bearing cycle and the narrow autumn harvest window, continued supporting elevated pricing ahead of new-crop availability.

Pistachio Prices in the United States

US prices rose 4.5% in Q1 2026 to USD 9,200.00/MT from USD 8,800.00/MT in Q4 2025, tracking continued old-crop supply tightness.

Why did the price of Pistachio change in Q1 2026 in the United States?

Tighter old-crop supply conditions across major California growing regions continued supporting elevated pricing as the market awaited the transition to new-crop availability.

Pistachio Prices in China

Chinese prices rose 4.8% in Q1 2026 to USD 8,700.00/MT from USD 8,300.00/MT in Q4 2025, tracking the broader seasonal tightness.

Why did the price of Pistachio change in Q1 2026 in China?

Steady demand from snack nut and confectionery applications, combined with tighter old-crop supply conditions across major origin markets, continued supporting firm pricing through the quarter.

Pistachio Prices in Iran

Iranian origin prices rose 4.2% in Q1 2026 to USD 7,500.00/MT from USD 7,200.00/MT in Q4 2025, tracking tighter old-crop availability ahead of the new harvest.

Why did the price of Pistachio change in Q1 2026 in Iran?

Tighter old-crop availability ahead of the new harvest continued supporting elevated origin-market pricing, consistent with the broader seasonal pattern evident across this market.

Quarterly Pistachio Price Trends

Global Pistachio prices eased through the middle quarters of 2025 before climbing sharply into Q4 as old-crop supply tightened ahead of the new harvest, a pattern tied to this market's pronounced alternate bearing cycle and narrow autumn harvest window, before new-crop arrivals began easing prices again through the first half of 2026.

What was Pistachio Price in 2025?

Pistachio firmed modestly across every market covered in this report through 2025, tracking this market's pronounced seasonal pattern of mid-year easing followed by a sharp climb into the autumn harvest transition, with China posting the strongest annual gain of the four regions tracked here.

Pistachio Prices in Germany in 2025

German prices firmed from about USD 9,500.00/MT in Q1 2025 to USD 9,800.00/MT by Q4, a gain of roughly 3.2%, masking a sharp mid-year dip to USD 9,000.00/MT in Q3 followed by the seasonal Q4 climb.

Pistachio Prices in the United States in 2025

US prices firmed from about USD 8,500.00/MT in Q1 2025 to USD 8,800.00/MT by Q4, up roughly 3.5%, tracking the same seasonal pattern evident across other regions.

Pistachio Prices in China in 2025

Chinese prices firmed from about USD 8,000.00/MT in Q1 2025 to USD 8,300.00/MT by Q4, a gain of roughly 3.8%, the strongest annual increase of the four regions.

Pistachio Prices in Iran in 2025

Iranian origin prices firmed from about USD 7,000.00/MT in Q1 2025 to USD 7,200.00/MT by Q4, up roughly 2.9%, the smallest annual increase of the four regions.

How We Can Help

Expert Market Research: Your Source for Real-Time Pistachio Price Intelligence

Expert Market Research tracks Pistachio prices continuously across every major producing and consuming region, combining harvest timing and alternate bearing cycle data, origin-country weather and growing condition signals, and global snack and confectionery demand trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the seasonal patterns covered in this report, and build a defensible view of where this widely consumed tree nut is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.