Dates; A Decline in Export and Prices of Iranian Dates

The export of Iranian dates has fallen by more than 13 percent in the first four months of this year compared to the same period last year. The increase in foreign currencies has reduced the price of Iranian dates for export in the world markets over the past month.

According to Iran customs statistics, 153,240 tons of Iranian dates worth 135,039,000 USD were exported in the first four months of 2022. The average price of Iranian dates for export has been 0.88 USD per kilogram during this period.

The export of Iranian dates has decreased from January to April 2022 compared to the same period last year. 176,346 tons of dates worth 156,992,000 USD were exported from Iran in the first four months of 2021. The export of this crop has reduced by 13 percent in terms of weight and by 14 percent in terms of export value in the first four months of this year compared to the same time last year. The average price of Iranian dates for export has declined by 1.1 percent in the mentioned months compared to the previous year. It has reached 0.88 USD per kilogram from 0.89 USD per kilogram.

The most significant factor in reducing exports in the first four months of this year is the decline in the available products this year compared to last year. The decrease in the number of available products was due to the decline in the date production. Environmental and natural factors affect the number of date production. The production number and accessible products in the first four months of this year were less than last year due to the drought in the previous year. Current water conditions are not suitable in the southern provinces of Iran and palm groves. In addition to the problem of scarcity, there is water bankruptcy due to the loss of renewable water resources. If the current water management process continues, the situation in the future will be worrisome due to land subsidence. The southern provinces of Iran are affected the most due to the drought and scarcity.

Over the past month, the cost of Iranian dates has been stable in the domestic market of Iran. The price changes in the world markets were due to the changes in the foreign exchange rate against Rial. Over the past month, the price of foreign currencies has increased in the Iranian market. 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. Increasing foreign exchange rates against Rial has reduced the price of Iranian dates for export by 6 to 7 percent in the world markets during this period.

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