Iran Raisin: An overview of Iran Raisin export in August

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The export of Iranian raisins has grown by more than 25 per cent from late March to late August, compared to the same period last year. Sultana raisins were the most important types of Iranian raisins for export in these 5 months. Turkey and the United Arab Emirates have been the most important export destinations for Iranian raisins during this period.

The number of raisins exported from Iran in the mentioned time was 51,662 tons worth 66,988,000 USD. The average price of each kilogram of this crop for export is 1.3 USD. Exports in these 5 months have grown by about 25.5 per cent compared to the same period last year, which was 41,105 tons worth 53436,000 USD. The constant rate of raisins in the domestic market and the rise in the exchange rate of foreign currencies against the Rial in the mentioned period this year compared to last year encourage producers and traders to export this product. It also caused an increase in its exports compared to last year. Also, the more stable conditions of the world in terms of the spread of the coronavirus pandemic by vaccination in many countries of the world facilitated the trade flows and transportation in above time 2021. It led to an increase in the export of the different types of Iranian raisins.

The most types of raisins exported from Iran during this period were Sultana raisins. It was 28,569 tons worth 32,749,000 USD, which includes more than 55 per cent of Iranian raisins in terms of weight and 49 per cent export value. The average value of each kilogram of this type of raisin for export was 1.1 USD. After Sultana raisins, the largest types of Iranian raisins are the Golden type with 18,134 tons worth 28,801,000 USD. The price of each kilogram of Golden raisins exported in these 5 months 2021 was 1.6 USD. Other types of raisins have been exported in this period, such as Green raisins with 1,221 tons worth 2,044,000 USD and Sun-Dried raisins with 643 tons worth 702,000 USD. The rest of Iranian raisins for exports in these 5 months were other types of this crop. The most important destinations for Iranian raisins are Turkey, the United Arab Emirates, Russia, Iraq, and Kazakhstan. Turkey and the United Arab Emirates are countries for re-exporting many Iranian products. Many of Iran’s export products are exported to Turkey and the United Arab Emirates for various reasons, including financial and banking sanctions and lack of proper commercialization. Then they are re-exported to other countries in the same way or with new packaging from there.

Mintec Global

The price of Iranian raisins for export has been declining over the past month in world markets. Increasing the exchange rate of foreign currencies against the Rial is the most important factor in reducing the price of this Iranian export product. Coming to work of the new Iran’s government, doubts about the process and the outcome of negotiations between Iran and the member states of the JCPOA to return the United States and Iran to this agreement have grown. This led to an increase in the price of foreign currencies in the Iranian market. Political and military tensions in Afghanistan have increased the price of foreign currencies over the past month. It caused a decrease in the price of Iranian raisins for export in world markets. Afghanistan is known as an Iranian financial exchange centre in the free exchange market. Also, the beginning of the grape harvest season and raisin production led to a decrease in the price of this product in domestic and international markets. In total, compared to last month, the price of Iranian green raisins for export has declined by about 12.8 per cent, the price of dark brown Sultana raisins has reduced by about 7.6 per cent, and the price of light brown Sultana raisins has decreased by about 4 per cent. In addition, the price of Golden and Sun-Dried raisins has been reduced by about 4.8 per cent.

Product Type Grade $ Price € Price
Raisins Sultana Dark Brown – Premium Grade 1.17 1.01
Sultana Light Brown – Premium Grade 1.21 1.04
Golden Premium Grade 1.58 1.36
Sun-Dried Premium Grade 1.16 1.00
Green Premium Grade 2.89 2.49

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