Dried Fruit

Dried figs: up to 60% damage in some areas

April 27, 2020 11:14 AM, Der AUDITOR
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TEHRAN. Heavy rain and hail have caused severe damage in the fig orchards of the Fars province in Iran. In addition, the start of Ramadan does not have the usual impact on the market.

Severe damage in Estahban

Although extensive information is lacking over the extent of the damage caused by the heavy rains and hailstorms in Mid-April, market players state that the impact is severe in the Fars province. According to the Agricultural Department of Estahban City, the capital of the Fars province, heavy rains and hail have severely damaged the fig orchards in the Khaneh Kat district as new branches and leaves have been destroyed. Current estimates state that nearly 60% damages hves been observed on an area of 800 hectares. Figs from Estahban are exported to Vietnam, China and Japan, the United Arab Emirates and South Korea and Hong Kong.

Nominal rise in prices

Normally the start of Ramadan would drive up demand and prices for dried figs. This year, however, the situation is entirely different as the spread of the coronavirus and the association problems in transportation have stalled international and domestic demand. Supplies are also high in the warehouses in Iran. Nevertheless, exchange rate fluctuations have nominally driven up prices by EUR 0.04-0.06 per kg over the last two weeks.

 

Dried figs, Iran

Type

EUR/kg

Grade A

3.72

Grade AA

4.53

Grade AAA

5.41

FOB Iran

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price chart, figs, dried, grade A, Iran
price chart figs, dried, grade AA, Iran
price chart, figs, dried, grade AAA, Iran
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