Dried Fig; Export of 78 Percent of Iranian Dried Figs to China in the First Four Months of This Year

The export of Iranian dried figs has decreased by about 24 percent in the first four months of this year. China is the most important export destination of Iranian dried figs, with a share of 78 percent.

According to Iran customs statistics, 3,106 tons of dried figs worth 9,351,000 USD were exported from Iran from the beginning of January to the end of April 2022. The average price per kilogram of Iranian figs for export has been 3.01 USD in the mentioned period.

The export of dried figs was 4,067 tons worth 12,337,000 USD in the same period last year. The export rate has declined by about 24 percent in the first four months of this year compared to the same period last year.

China is the most significant customer of Iranian dried figs importing 2,443 tons of this crop worth 7,330,000 USD since the beginning of this year. Its share is about 78 percent of the total export of Iranian dried figs. After China, Vietnam and India had the highest rate of imports from Iran. During the first four months of the current year, 232 tons of Iranian dried figs worth 697,000 USD were exported from Iran to Vietnam. Also, 91 tons worth 316,000 USD were shipped to India. Another significant customers of Iranian dried figs for export have been Kazakhstan, Japan, the United Arab Emirates, and Iraq since the beginning of this year.

The price of this crop has declined in world markets due to an increase in the foreign exchange rate against Rial compared to last month. In the meantime, the price of dried figs Grade A has declined less than other export types. Because in the first week of this one month, the cost of dried figs Grade A has increased due to rising demands, despite the decline in prices of other Iranian exported figs (due to the increase in the foreign exchange rate against the Rial). The foreign currencies have risen due to the uncertainty of negotiations between Iran and other member states of the JCPOA for returning Iran and the United States to the JCPOA agreements and lifting financial and banking sanctions on Iran. Compared to last month, the price of Iranian dried figs Grade AA and AAA have fallen by about 6.5 percent, and the cost of Iranian dried figs Grade A has declined by about 2.5 percent.

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