Dried Figs; Southeast Asian Countries Have a Share of 93 Percent of the Export of Iranian Dried Figs

The export of Iranian dried figs has fallen by about 22 percent since the beginning of this year compared to the same period last year. During this period, 93 percent of Iranian dried figs were exported to Southeast Asian countries, mainly China, Vietnam, India, and Japan.

According to Iran customs statistics, 3,853 tons of dried figs worth 11,626,000 USD were exported from Iran in the first five months of this year. The average price of this crop has been 3.02 USD per kg during this period.

The export of Iranian dried figs has decreased by about 22 percent in the first five months of 2022 compared to the same period last year. 4,945 tons of dried figs worth 15,004,000 USD were exported from Iran in the first five months of 2021. The most important reason for the decline in exports compared to the past year is the reduction in the market inventory during the first five months of this year. More than 93 percent of Iranian dried figs have been exported to Southeast Asian countries since the beginning of this year. China is the major export destination of this crop with more than 80 percent.

Vietnam, India, and Japan are some of the most important customers of Iranian dried figs after China. About 12 percent of this product is exported to these countries. After these countries, Kazakhstan, the United Arab Emirates, Iraq, and Pakistan were other important customers of Iranian dried figs. All mentioned countries are neighboring Iran and have common land and maritime boundary with Iran.

Over the past month, the price of Iranian dried figs for export has fallen in the world markets due to the foreign exchange rates increase against the Rial. Fig harvest season began in late June. It is expected that the price of this product will be reduced in the domestic market of Iran in the coming weeks due to the production and arrival of this year’s crop into the market. The cost of Iranian dried figs will continue to decline in world markets in case of stability or the rise in the foreign exchange rates against the Rial.

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