According to the latest industry report, China’s raisin production is expected to decrease by 30% in 2024. This is mainly due to extreme weather events such as drought and high temperature in some major producing areas of China in recent years, which have seriously affected the production of raisins.
China is one of the world’s largest producers and exporters of raisins, but production has fluctuated due to climate change. Raisin prices usually vary according to price changes in major exporting countries such as Turkey. It is expected that in the next year, the price of raisins in China will continue to rise, bringing certain pressure to consumers.
Industry insiders suggest that consumers can appropriately increase inventory and grasp the cost-effective procurement opportunity. At the same time, enterprises should also develop countermeasures to improve the ability to resist risks, in order to deal with the challenges brought by raw material price fluctuations.
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