Raisin Market Hit by Frost and Falling Prices: Is Recovery in Sight?
Raisin Market Hit by Frost and Falling Prices: Is Recovery in Sight?
Raisin Market Hit by Frost and Falling Prices: Is Recovery in Sight?
Unexpected frost hits vineyards – while high prices weigh down exports.How much damage was truly done will become clearer in the coming days.Market Analysis & Price Development
Despite last week’s warnings from meteorologists, many vineyards suffered frost damage. Warmer-than-usual weather earlier this month triggered early budding – the sudden cold snap then struck at the most vulnerable stage.Prices have remained elevated, but Europe is turning to cheaper alternatives, causing a visible slowdown in export volumes. This week, prices were slightly reduced in an attempt to reignite demand, though it remains uncertain whether this will succeed.
Top Importers in Europe (Sep 1, 2024 – Mar 22, 2025)
📊 Average Price by Country (Top 10 Importers):Germany remains among the top-paying importers with USD 3.68/kg.
Key Market Drivers
- Frost Damage: Sudden cold snaps hit early-blooming vineyards – and harvest risks are rising.
- High Prices Stifling Demand: Europe increasingly sources from cheaper origins.
- Price Reductions Introduced: Minor cuts were implemented this week to stimulate exports.
Trading Strategy & Market Assessment
🔎 Recommendations:- Closely monitor weather developments, as further frost could increase crop losses.
- Consider diversifying supply origins to reduce climate-related risk.
- Remain flexible in pricing strategy, adjusting to short-term market shifts.
Conclusion & 3-Day Price Forecast
Short-term price easing is expected as markets adjust to slower demand and competitive pressures:➡️ Slight downtrend expected – the mid-term outcome depends on weather impact and global demand recovery.
14-Day Weather Trend (Key Growing Regions)
Key producing regions like Turkey, Iran, and California will experience unstable conditions:🌡️ Temperatures are above average during the day, but nighttime frost remains a threat, especially in elevated areas.