Export boom in 2020/2021
At 140,000 mt, exports are expected to outstrip domestic demand between in the Iranian year, which ends on 21 March 2021. In the same period in 2019/2020, Iran shipped 120,000 mt worth USD 164.27 million overseas. The export value ranges at USD 93 million for the period between 21 March and 21 December 2020. Export destinations comprise Russia, Eurasia and Europe. Production estimates for cleaned and processed raisins issued by the Ministry of Agriculture range at 285,000 mt for 2020.
As the market is confronted with an excess supply