Dried Fruit

Raisins: high overstock supplies

July 20, 2020 2:06 PM, Der AUDITOR
Play report as audio

TEHRAN. The grape harvest in Iran starts at the end of July. This year, producers are sitting on high overhang supplies, which is mainly due to the export stop.

No support for the farmers

In Khalilabad, the centre of grape production in the Iranian province of Razavi Khorasan, a crop of 150,000 metric tonnes is expected this year, harvested on an acreage of 15,700 ha. Sales are proving difficult, as exports have been temporarily halted due to the coronavirus pandemic. In Khalilabad, between 20,000 and 30,000 metric tonnes of raisins are produced annually. Of these, 100% of the golden raisins and about 30% of the green raisins are destined for export, the rest is for domestic consumption. The overstock supplies currently amount to about 1,500 metric tonnes, which under normal circumstances would have been exported by May. A major problem is the lack of a cooperative to support the local farmers. The Covid-19 pandemic has significantly exacerbated these difficulties.

Fluctuating prices

The grape harvest in Iran begins at the end of July and continues until mid-October. Crop estimates amount to about 500,000 metric tonnes, of which about 17%, and thus the largest share, come from the province of Fars. About 15,000-20,000 metric tonnes of grapes from the province of Fars are processed into raisins.

Raisin prices have fluctuated strongly over the past two weeks. This is due to the exchange rate fluctuations of the Iranian rial and to the renewed increase in export demand, especially for green and golden raisins. Iranian sultanas, type 9, are traded at around EUR 1.28 per kg FOB Iran this week.

Raisins, premium grade, Iran

Type

EUR/kg*

Sundried

1.43

Sultanas

1.28

Golden

2.19

Green

2.07

FOB Iran

*Please note that the prices indicated her apply to an order volume of 1 metric tonne. Prices may range lower for higher volumes.

View more information
price chart, raisins, sundried, Iran
price chart, sultanas, premium grade, Iran
price chart organic sultanas, grade A, type 9, standard, Turkey
more price charts

View related articles

Go to the News Overview
Dried Fruit
Nov 25, 2021
TEHRAN. Iranian exporters are keeping a close eye on possible changes in the law that could even completely stop the export of agricultural products. They already had to deal with such problems in 2018.
Dried Fruit
Nov 24, 2021
TEHRAN. High demand meeting low stocks is pushing barberry prices in Iran up by more than 15%. Farmers have opted for an early start to the harvest as upcoming frost concerns them.
Dried Fruit
Nov 23, 2021
AYDIN/REUS. According to current INC estimates, Turkey is recording a production decline of a good 12% in the current season. Nevertheless, the country remains the undisputed leader in dried fig production.
Dried Fruit
Nov 23, 2021
MALATYA. The recent decisions of the Turkish Central Bank have had an impact on both commodity and export prices and as the latest INC data show, Turkey is still the most important producing country this season.