China: Raisin Annual
Post forecasts China’s MY 2017/18 raisin production at 190,000 metric tons, an increase of nearly 3 percent from the previous year, supported by stronger market prices. China’s raisin imports are forecast at 38,000 metric tons, an increase of nearly 9 percent over MY 2016/17, largely due to increased demand from the food processing industry. In both MY 2015/16 and 16/17, U.S. market remained at 27 percent. Post forecasts that this share will drop slightly in 2017/18 due to increasing imports from Chile.
