HS Code:
Sultanas, a type of dried grape, fall under the HS Code 080620, which covers dried grapes including raisins and sultanas. These are widely used in baking, confectionery, and as a healthy snack. The global trade of sultanas is influenced by agricultural production conditions, consumer demand for natural and organic snacks, and trade policies affecting agricultural products. Major producers often have favorable climates for grape cultivation, and the trade is significant in regions with high demand for dried fruits.
Total Trade Volume
Approximately 1.2 million metric tons
Data from 2022
Source
International Trade Centre (ITC) Trade Map and UN Comtrade Database
450,000 metric tons
37.5% of global trade of total trade
Increasing
250,000 metric tons
20.8% of global trade of total trade
Stable
150,000 metric tons
12.5% of global trade of total trade
Increasing
80,000 metric tons
6.7% of global trade of total trade
Decreasing
50,000 metric tons
4.2% of global trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
25% (imposed by certain countries on non-preferential trade partners)
Lowest Rate
0% (under free trade agreements like EU-Turkey Customs Union)
Rising demand for organic sultanas
Increased production and certification costs but higher profit margins for exporters meeting organic standards
2021-2022
Growth in snack food industry
Boost in sultana exports to markets with high consumption of healthy snacks, particularly in Europe and North America
2020-2022
Climate change affecting grape yields
Unpredictable production volumes in key regions, leading to price volatility and supply chain disruptions
2019-2022
Turkey launched a new initiative to promote sultana exports by providing subsidies to farmers and exporters to meet international organic standards.
March 2023
Expected to increase Turkey's market share in the EU and North America, potentially impacting competitors like Australia.
The European Union introduced stricter maximum residue limits (MRLs) for dried grapes, affecting exporters who must adapt to new compliance requirements.
January 2023
Increased compliance costs for exporters, particularly from developing countries, potentially reducing their competitiveness in the EU market.
Ongoing geopolitical tensions have led to reduced Iranian sultana exports to key markets due to sanctions and trade barriers.
Throughout 2022
Market opportunities for other exporters like Turkey and the US to fill the gap in markets previously supplied by Iran.