Argentina: Raisin Annual

Argentina’s raisin production is forecast to remain stable in Marketing Year (MY) 2022/23 at 44,500 metric tons (MT). During December, crops suffered some negative effects from hale and strong winds, but managed to resiliently overcome these weather events. Exports are forecast at 39,000 MT, with Brazil as the primary destination, accounting for 70 percent of the Argentine exports. Exporters continue struggling to remain competitive in international markets due to various economic factors, such as high inflation and an unstable exchange rate. Shortages of container availability and higher fleets costs due to the COVID-19 pandemic are also impacting the activity of the Argentine raisins industry, increasing export costs by 100 percent.