A continued downward trend in price and demand for South African Lemons due to the uncertainty on volumes of citrus being diverted from Russia to the Middle East market.
The market is concerned about the volume of citrus from all countries being diverted from Russia resulting in an oversupply in the market and a build-up of stock and being forced to sell at low-price levels.
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Citrus
With shipments being stopped to Russia in the last few weeks, the early shipments of Lemons destined for the Russian market have been impacted. There is a growing concern in South Africa if this situation should continue and especially when the Citrus season kicks off in April. Other citrus fruit such as Grapefruit and Soft Citrus will also be impacted.
Market update on Citrus from South Africa
There is continued concern and uncertainty in the Middle East market on high volumes of Lemons being diverted to the Middle East market that was destined for Russia. This uncertainty has caused a downward trend in Lemon prices for South African lemons.
In addition to this, other markets such as Morocco, Turkey, and Egypt also export significant volumes of citrus varieties to Russia, and this has also resulted in high volumes being diverted to the Middle East and other markets.
Market Prices (Dubai and Kuwait)
Pome
Although total exports of apple varieties from South Africa to all countries are up by 6% compared to the same period last season, shipments to the Middle East on apples are down by -22%.
Total export volumes on pear varieties from South Africa to all countries are up by 12% compared to the same period last season.
The winter pear (Forelle and Vermont) packing has slightly been delayed from South Africa and will hopefully start to increase from next week. This harvest of pears is expected to return to a normal crop of 4 million cartons.
Market update
A continued downward trend in both demand and price levels for summer pears in the GCC due to the high volumes in the market, however, continued positive market trends for apples in the GCC countries from all origins. High price levels for the new season South African Royal gala and the green apple varieties from Italy and France.
Market Prices (Dubai and Kuwait)
Grape, Stone & Kiwi Fruit
Update on Stone fruit and a market update in the GCC countries
By the end of week 10, there was a decrease of 17% shipped YTD on all stonefruit varieties to the Middle East compared to last season. Continued low price levels and demand for South African plums in the GCC countries.
Update on Grapes and a market update in the GCC countries
Chile will have Red Globe grapes available until the end of April. There is however a demand for Red globe grapes in the GCC countries due to limited availability from South Africa due to the tail-end of the season.
Update on Kiwi Fruit and a market update in the GCC countries
Harvest of the new season Kiwi fruit is expected to start at the end of March/beginning of April. During week 11, the market prices increased for Italian Kiwi fruit.
Market Prices (Dubai and Kuwait)
India / Bangladesh
India
Apples are moving slowly with a large supply from Europe. Pear prices are dropping each week with more fruit making arrival. All sales should pick up for Ramadan in a week or two.
Bangladesh
The sales in the Bangladesh market were pretty much the same as last week, but from yesterday (17/03) the sales have started to increase. It is mainly because of the two-day festival that is being celebrated in Bangladesh by Muslims. Due to the country being in lockdown this time for the last two years, it was not possible to reach these types of sales rates.
The market is still in high demand for Red apples and shipments of Golden Delicious apples from South Africa have started to pick up momentum.
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