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Iran's Nuts And Dried Fruits Exports Decline By 70%

By Pravarsh Sharma

Oct 25, 2023 | 8 Mins

Category - Dry Fruits

In less than 50 days, Nowruz will be here, according to Citrono, who was quoted by Tejarat News. On this occasion, guests are frequently given nuts and dried fruits.


Rise In The Price Of Dry Fruits

However, many households have reduced their basket of nuts to chickpeas and raisins or, in the best case scenario, peanuts because they are less expensive than items like pistachios, almonds, cashews, walnuts, etc. Since other foreign consumers have stopped buying Iranian nuts, this year's export of dry fruits has decreased by 70%.

The decline in exports, of course, cannot be attributed to the decline in the purchasing power of foreign applicants. Instead, producers have lost their ability to produce due to the decreased demand and consumer purchases.

On the other hand, general economic inflation in Iran has driven up costs for both production and consumer goods. It is normal to maintain only 30% of the export production capacity due to the increased costs.

According to union officials, the cost of nuts has increased by at least 40% since the year's beginning. Price hikes in the past caused a severe recession for the Yalda night market and many nut vendors. A field survey of prices revealed a growth of 100%, despite official statistics and statements summarizing this year's inflation in the range of 40%.


Fall In Exports Of Dry Fruits

This year, there was a 70% decrease in the export of dry fruits and nuts. The market slowdown, in the opinion of the nuts and dried fruit vendors, is due to the sharp rise in dried fruit prices. In addition, they claim that even during periods of peak consumption, like Yalda night and Nowruz days, there is significantly less demand than in previous years. They must sketch a clear picture of Nowruz 1402 (2023), and they confidently foresee the Eid market's decline. Significantly, the coincidence of Ramadan and the upcoming Nowruz fuels this pessimism.

This is despite the fact that, until a decade ago, selling nuts and dried fruits was considered a seasonal job, and some citizens relied on the Nowruz dried fruit market to provide a year's worth of income.


Reasons

Along with the decline in domestic consumption and the rising trend of prices, dry fruit export statistics are also unfavorable. According to available data, only 32 thousand tons of dry fruits were exported in the first eight months of this year; in comparison, 96 thousand tons were exported in 2019.

At the same time, Iran's export situation is critical. Japan recently refused to accept a shipment of figs exported from Iran due to contamination with aflatoxin poison in excess of the allowable limit.

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