Global Raisin, Sultana, and Currant Production Report: Trends and Analysis for 2022/2023 vs 2023/2024
Comprehensive Report on Global Raisin/Sultana/Currant Production 2022/2023 vs 2023/2024
The global production of raisins, sultanas, and currants has seen a slight decrease of approximately 5% compared to the previous year. This downturn has been largely attributed to adverse weather conditions that have affected most of the producing countries, with the notable exceptions of the USA and China. These two countries have enjoyed favorable weather conditions, which have allowed for a steady production rate.
Our comprehensive data analysis, as represented in the Total Supply of World Raisin/Sultana/Currant Production Chart, shows that despite the overall decrease in global production, the supply is projected to remain balanced. However, it is important to note that the ending stocks are expected to be slightly lower.
Qualitative Analysis of the World Raisin/Sultana/Currant Production
The chart provides a comprehensive view of the global production trends for these dried fruits over the years 2022/2023 and 2023/2024. Here are some key points derived from the chart:
Overall Decrease in Production: The chart shows a general decrease in production across most countries from 2022/2023 to 2023/2024. This is in line with the reported 5% global decrease in production due to weather challenges.
Stability in the USA and China: Despite the overall decrease, production in the USA and China remained stable or even increased. This is likely due to more favorable weather conditions in these regions compared to other major producers.
Significant Decrease in Turkey: Turkey, one of the major producers, shows a noticeable decrease in total supply from 370,000 metric tons in 2022/2023 to 365,000 metric tons in 2023/2024. This could be due to the adverse weather conditions, including heavy rains and high humidity, which have affected the crop yield.
Increase in South Africa: South Africa shows an increase in total supply from 70,130 metric tons in 2022/2023 to 80,000 metric tons in 2023/2024. This suggests that South Africa may have had more favorable growing conditions or improved production methods.
Steady Production in Other Countries: Countries grouped under "Others" maintained a steady production level across the two years. This could indicate a stable growing environment or consistent demand in these regions.
Lower Ending Stocks: The chart shows a slight decrease in ending stocks from 2022/2023 to 2023/2024, indicating that consumption may be outpacing production.
| Country | Total Supply 2022/2023 | Total Supply 2023/2024 | Percentage Difference |
|---|---|---|---|
| Turkey | 370,000 | 365,000 | -1.35% |
| China | 200,000 | 190,000 | -5% |
| USA | 226,000 | 250,000 | 10.62% |
| Iran | 183,000 | 180,000 | -1.64% |
| India | 145,000 | 147,000 | 1.38% |
| South Africa | 70,130 | 80,000 | 14.08% |
| Uzbekistan | 70,000 | 60,000 | -14.29% |
| Chile | 65,000 | 62,000 | -4.62% |
| Afghanistan | 28,000 | 28,000 | 0% |
| Argentina | 35,500 | 22,000 | -38.03% |
| Greece | 23,500 | 20,000 | -14.89% |
| Australia | 16,500 | 8,000 | -51.52% |
| Others | 20,000 | 20,000 | 0% |
Weather Challenges and Their Impact
In particular, heavy rainfall has caused floods and landslides in Manisa, a significant producing region. The full impact of these weather conditions on this year's production is still under assessment. Despite the rise in daytime temperatures to 32-35C (89.6-95.0F), high humidity levels persist, and further rainfall is expected in the coming days.
These conditions have raised concerns about potential crop damages and harvest delays. As a result, exporters are increasing their stocks to mitigate potential supply issues. The state-run organization, TMO, has so far sold an estimated 10,000 metric tons of the 2022 crop, leaving them with a significant stockpile of around 85,000-90,000 metric tons.
Currently, offers are primarily limited to type 7 and type 8 sultanas, while lighter varieties are being held back. This strategy is likely a response to the uncertain production outlook and the need to ensure a steady supply in theface of potential shortages.
In conclusion, while the global production of raisins, sultanas, and currants has faced challenges, measures are being taken to maintain a balanced supply. The situation continues to evolve, and further updates will be provided as more information becomes available. The chart provides a clear visual representation of the shifts in global raisin, sultana, and currant production. It highlights the impact of weather conditions on crop yields and underscores the importance of geographical diversification in maintaining a balanced global supply.
Despite the overall decrease in production, certain countries like the USA and China have managed to maintain or even increase their production levels, demonstrating the resilience and adaptability of these regions. On the other hand, countries like Turkey have experienced a significant decrease in production, highlighting the vulnerability of these regions to adverse weather conditions.
The current weather challenges and their potential impact on the crop yield underscore the importance of proactive measures such as stockpiling and diversifying the types of sultanas offered. These strategies can help mitigate potential supply issues and ensure a steady supply in the face of potential shortages.
The global raisin, sultana, and currant industry is a dynamic and complex system, influenced by a multitude of factors ranging from weather conditions to market demand. As such, it is crucial to continuously monitor and analyze these trends to make informed decisions and strategies.
