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Dates: consumer demand bounces back

April 8, 2021 at 11:55 AM , Der AUDITOR
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TEHRAN/MADRID. Date exports from Iran have not only recovered from last year’s coronavirus shock but also range well above average. Initial fears that unprocessed products may transmit the virus have been dismissed and traders report that consumer confidence has certainly returned. By contrast, the International Nut and Dried Fruit Council (INC), however, states that the market is bearish.

Exports revive

While the INC states that the pandemic slowed down sales, especially during Ramadan last year and Christmas, recently issued export data in Iran shows that sales have actually revived. Iran, in fact, shipped 279,943 mt of dates worth USD 242.44 million overseas between 20 March 2020 and 19 February 2021, which is a drastic rise on the 194,932 mt worth USD 172.453 million shipped overseas in the same period in 2019/2020. The country anticipates that annual exports will reach 300,000 mt, which ranges well above the annual average in recent years of 210,

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