Dried Fruit

Barberries: peculiar turn in prices

June 21, 2022 at 11:44 AM , Der AUDITOR
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TEHRAN. Although demand for barberries recovered again in May, Iran’s exports remain strikingly low. Market inventories may be low, but prices have finally taken a rather peculiar turn.

Revival not enough to spark turnaround

Although exports ranged 148% higher in May than in April, the annual comparison shows another reality. Exports, in fact, slumped to 18,694 kg in April driven by the Iranian Nowruz holidays, which mark the beginning of the Persian New Year, and the market closing for Ramadan. Demand fortunately revived after Ramadan and propelled exports up to 46,522 kg in May. This volume, however, ranges 46% lower than the 86,372 kg exported in May 2021. Iran, in other words, only exported 214 mt of barberries between January and April, which

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