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Raisins: 50% slump in exports

March 11, 2022 at 7:51 AM , Der AUDITOR
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TEHRAN. Iran’s raisin exports have slumped by more than 50% in January and February. Issue is not only that drought reduced production and impacted quality but also fluctuations in price. The market responds swiftly to any news on the nuclear deal.

Exporters prefer to wait

Iran only exported 12,278 mt of raisins worth USD 23,740 million in January and February, which is a 54% decline in terms of volume and a 56% reduction in terms of value on the same period last year. The main driver is the summer drought, which not only impacted the volume produced but also quality. This resulted in extremely limited supplies of raisins in export quality. On top of this the negotiations over a possible revival of the Joint Comprehensive Plan of Action (JCPOA), which is commonly known as the nuclear deal, have caused export p

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