Mar 3 • 05:42 UTC 🇮🇳 India Aaj Tak (Hindi)

Impact of Iran-US War: Inflation Hits Dry Fruits, These Dry Fruits Are Getting Expensive in India!

Rising tensions in the Gulf region due to the Iran-US conflict are causing prices of dry fruits like pistachios, figs, and raisins to soar in India.

The ongoing conflict between Iran and the United States is now affecting the Indian market for dry fruits, leading to significant price hikes, particularly for pistachios, figs, and raisins. India imports large quantities of pistachios from both Iran and California, and the recent escalation has caused major Iranian ports, such as Bandar Abbas and Chabahar, to close, resulting in supply disruptions. Consequently, the cessation of shipping has led to rising prices for these staples in the dry fruit market.

Market analysts report that the price of pistachios has surged by ₹40 to ₹100 per kilogram, with shelled pistachios previously priced at around ₹1,200-1,300 per kilogram now becoming more expensive. Additionally, the cost of nutmeats has also spiked, reflecting the strain on supply chains. This situation exacerbates the existing inflationary trends in the dry fruit sector amid an ongoing global crisis.

Figs, primarily imported from Afghanistan, are also anticipated to become pricier due to pre-existing tensions and logistical challenges that have now been worsened by the Gulf crisis. Reports indicate a potential increase of about ₹100 per kilogram for figs. Furthermore, with the domestic production of raisins nearing its end and a greater reliance on imports, prices of raisins are expected to rise as the reduction in supply adds pressure to the market. Overall, the combination of geopolitical issues and market dynamics is creating challenges for consumers in India regarding these essential dry fruits.

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