Dried Fruit

Raisins: tables have turned

May 27, 2021 1:02 PM, Der AUDITOR
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TEHRAN. While the demand situation was an absolute disaster in Iran’s raisin market in April, tables have turned now. Neighbouring countries have bought up large volumes and exports show a clear trend. Much also depends on the political situation as reports state that US sanctions and the problems encountered in financial transactions have prompted some traders in Europe to sidestep suppliers in Iran.

Exports nearly 50% up

Although there are reports that shipments from Iran are frequently being turned down as companies prefer not to risk business with the US, Iran’s exports tell a different story. The country shipped 175,282 mt overseas in the 12-month period between 21 March 2020 and 20 March 2021, which is 47.4% up on the 118,881 mt shipped in the same period in 2019/2020. In terms of value exports have risen by 44% to USD 232.97 million in 2020/2021. Average export prices are nominally down on 2019/2020 (USD 1.36/kg).

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