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Dubai chocolate sparks pistachio shortage as TikTokers go nuts

by Investor News Today
April 19, 2025
in Commodities
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Dubai chocolate sparks pistachio shortage as TikTokers go nuts
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The meteoric rise of Dubai chocolate has triggered a worldwide pistachio provide crunch, exacerbating a worldwide scarcity of the inexperienced nut and sending its costs hovering.

The bars, a wedding of pistachio cream, shredded pastry and milk chocolate, have been a modest hit after their 2021 launch by boutique Emirati chocolatier FIX — till a TikTok video turned them into a worldwide sensation.

The clip, posted in December 2023, has amassed greater than 120mn views and fuelled a worldwide craze for pistachio chocolate, spawning a bunch of knock-offs.

Because of the craze, Pistachio kernel costs have surged from $7.65 a pound a yr in the past to round $10.30 a pound now, stated Giles Hacking of nut dealer CG Hacking. “The pistachio world is principally tapped out for the time being,” he stated.

The chocolate doesn’t come low cost. Lindt’s Dubai providing retails at £10 for 145 grammes within the UK, greater than double its different bars. However shoppers are so eager that some retailers are reportedly limiting what number of bars every buyer should buy, whereas Lindt and British grocery store Wm Morrison have launched pistachio cream Easter eggs.

Pistachio shares have been already dwindling after a disappointing harvest final yr within the US, the nut’s main exporter. The US crop was additionally increased high quality than ordinary, leaving fewer of a budget, shell-free kernels which might be usually bought as elements for chocolate and different meals, stated Hacking. 

“There wasn’t a lot in provide, so when Dubai chocolate comes alongside, and [chocolatiers] are shopping for up all of the kernels they get their palms on . . . that leaves the remainder of the world brief,” Hacking stated.

Column chart of Pounds (mn) showing California's pistachio supply fell 20% in the 12 months to February

Iran, the world’s second-largest producer, exported 40 per cent extra pistachios to the UAE within the six months to March 2025 than it did over the complete 12 months earlier than that, in accordance with Iran’s customs workplace. 

The scarcity marks a pointy reversal from 2023 when international pistachio provide exceeded demand and triggered a value drop, stated Behrooz Agah, a board member at Iran’s pistachio affiliation. 

As a consequence of that glut, “a wide range of byproducts turned out there comparable to pistachio butter, oil and paste, which may very well be utilized in a variety of pistachio-based meals,” he stated. “That was across the identical time Dubai Chocolate was launched and step by step went viral worldwide.”

Pistachio processing facility
A Pistachio processing facility in California © Ed Younger/Common Pictures Group/Getty Pictures

In California, some farmers have begun switching from almonds to pistachios lately due largely to low almond costs, however these bushes gained’t begin producing till subsequent season’s harvest in September.

Within the meantime, chocolatiers say they will’t produce sufficient of the cream-filled bars.

“It feels prefer it got here out of nowhere, and all of a sudden you see it in each nook store,” stated Charles Jandreau, normal supervisor for Prestat Group, which owns luxurious UK chocolate manufacturers. 

“Nobody’s prepared for this,” he stated, describing his struggles to acquire kataifi, the shredded Center Japanese pastry used within the cream.

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An artisanal miner searches for gold inside an excavated pit at the Prestea-Huni Valley Municipal District in the Western Region, Ghana

Chocolate lovers had already been affected by a cocoa provide crunch, which led costs to virtually triple in 2024 as excessive climate and illness hit harvests. Producers have been promoting smaller bars with new recipes that scrimp on the cocoa.

FIX, which named its unique viral bar “Can’t Get Knafeh of It” after a conventional Arab desert, stated whereas it was “unbelievable” to see how the corporate had impressed “a motion in chocolate”, they have been involved that others could also be exploiting their model to mislead clients. The corporate doesn’t promote its bars exterior the UAE and solely places them on sale for 2 hours a day.

Its rivals are undeterred.

We’re “simply overwhelmed with the demand for Dubai chocolate,” stated Johannes Läderach, chief government of Swiss chocolatier Läderach. “We’ve launched them a number of months in the past, and it’s simply not stopping, it’s simply going by way of the roof.” 



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