Bright Prospects Ahead: Raisin Market Outlook and Price Trends

Bright Prospects Ahead: Raisin Market Outlook and Price Trends

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The Turkish raisin market continues to be active in terms of prices. It is impossible to give a long-term price. The fact that the stock market is constantly on the rise makes this situation difficult. It seems that raisins, which carry over stock to the next season every year, will enter the season without stock this year. Fertilization and maintenance have started in the vineyards for the new season. Farmers who make good profits from raisins this year are working to increase the quality and yield of their vineyards.

The fact that the stocks on hand are very low indicates that the new season prices will be higher than the current one. Prices continue to increase due to the forecast of entering the new season without stock and the instability of the weather and the prediction that the new harvest amount will be low. Last week, 3832 tons of raisins were exported for an average of 2.479 USD or 2.287 EUR. The raw material sales price of number 8 raisins reached 75 TL(€2,22). It is expected to increase further in the coming weeks.

Mintec Global

Starting from 01.09.2023 till 24/02/2024, 7.359,302 tons of raisins were exported with an average price of 1.710$ (1.578€) per mt.

 

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