Why has black raisin increased sharply in Uzbekistan, will prices continue to rise?

Published 2021년 9월 30일

Tridge summary

The article highlights a 29% price increase in the 'Kora' seedless grape variety, also used for raisins, in Uzbekistan over the past two weeks, despite being 25% cheaper than in 2020. This surge is attributed to the end of the grape harvest season and a decrease in supply, despite expanded vineyard areas. However, prices are still lower than in 2019 due to a smaller harvest in that year. The article also mentions competition from other grape-producing countries and a decline in Russian population's purchasing power, which could impact future grape prices in Uzbekistan.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Over the past two weeks, according to the monitoring of wholesale prices for vegetables and fruits by EastFruit, one of the most popular varieties of grapes in Uzbekistan, black raisin (seedless) "Kora", has risen in price by 29%. However, despite such rapid growth, this variety is selling 25% cheaper than at the same time in 2020. EastFruit analysts decided to investigate the reasons. The Kora table grape variety is seedless and is in the greatest demand both in the domestic market of Uzbekistan and on the part of exporters supplying it to Russia, Kazakhstan and other post-Soviet countries. Fresh grapes are also exported in small quantities to ethnic shops for Russian-speaking residents of the European Union. In addition, this grape variety is used for the production of raisins - dried grapes. At the moment, it is possible to sell wholesale black raisins at 9000 sum / kg ($ 0.84). According to Uzbek winegrowers, the rise in prices for raisins is due to a seasonal factor. ...

Source: Eastfruit