Raisin Prices Set to Rise as Production Drops

A decline in raisin production in Maharashtra, India’s largest producing state, has led to lower-than-expected market arrivals. With limited supply, traders are anticipating a sharp increase in prices throughout 2025.

At Sangli and Tasgaon Mandi, daily arrivals are only 85-90 truckloads, while strong demand from stockists has pushed prices up by USD 0,18 per kg, with current rates ranging between USD 2,76 - 3,00 per kg.

High Grape Exports Reduce Raisin Availability

A significant rise in grape exports this year has cut into raisin production, leaving fewer stocks available in the domestic market. As a result, no major price correction is expected.

Production has now fallen for the second consecutive year, deepening the supply shortage.

Low Stocks Keep Market Strong

Last year, Maharashtra had 3,000 - 3,500 carts of raisin stock available, but this year, only 500 - 600 carts remain. With limited stock and lower production, no immediate price decline is expected.

Experts predict that prices could climb to USD 2,40 - 3,60 per kg in 2025, driven by strong domestic and export demand.

Global Demand Lifting Prices

With raisin production in Turkey falling, global demand for Indian raisins is on the rise. India exports raisins to key buyers such as Morocco, Russia, Saudi Arabia, Vietnam, and Sri Lanka.

In 2023-24, India exported 33,000 tonnes of raisins, and strong export demand is expected to continue into 2025.

Given the tight supply and steady demand, traders expect raisin prices to remain firm, making it a favorable commodity for stockists and exporters.