Update on the market in the GCC countries.
Dubai and Saudi Arabia have been hit again with rains and floods forcing road closures and disruptions to households and businesses. The floods in April and May in the Gulf regions is expected to have severe economic consequences. The market is performing very well on Grapes, Cherries, and Stone Fruit. From Turkey, high price levels for Cherries selling between $29-$32 (3.7-3.8kg), Apricot punnets 8 x 3.5-3.8kg and Plums selling between $26.65-$29.35. This is all by airfreight; however, the market price levels will drop in the next 7-10 days when local supply is available from Turkey, Jordan, Tunis, and Syria by sea freight. Downward market trend for Apples and Bananas that remain under pressure due to the oversupply in the market.
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| 1.00 USD = 3.67 AED (Emirate Dirham) |
| 1.00 USD = 3.75 SAD (Saudi Riyals) |
| 1.00 USD = 109.55 BDT (Bangladeshi Taka) |
| 1.00 USD = 83.40 INR (Indian Rupees) |
| 1.00 USD = 18.56 ZAR (South African Rand) |
Citrus
Citrus fruit
There was a 25% decrease in exported volumes of Lemons from South Africa to the Middle East compared to the same period last season. The packing of Lemons and Soft Citrus from the Eastern Cape are underway and volumes will continue to increase week on week. In the Northern areas, the first pick on Lemons is finished and price levels will determine the second pick. The smaller sizing on Star Ruby’s (count 50/55) is still a challenge and the aim is to try and not oversupply markets to maintain the price at a certain level. The local juice price is at favorable level, and this might assist in not overloading the export markets with the smaller Star Ruby counts. The growers who pack Leanri variety of Mandarins are currently de-greening to start packing for the local and export market.
Market update
Dubai are re-exporting Lemons to Saudi Arabia and pushing price levels down. Limited volume available on stored Lemons from Turkey and Egypt with quality problems. The Lemons are soft and mainly being sold on auction to restaurants that are buying. The main volume of Lemons is from South Africa in the market. There is only Mandarins from Spain and Morocco in the market, however Morocco should be out the market in the next 2-3 weeks. Mandarins with leaves are still maintaining high price levels in Saudi Arabia at $16.00 – $17.30 for 7kg Cartons. Navels from Morocco is at the tail-end of the season. Spain is still in the market, but prices are too high ($14.70-$17.30) for 9kg cartons, and they will not be able to compete with the first South African Navels at lower price levels for 15kg cartons. However, the colour from Spain (full orange colour) is much nicer compared to South Africa.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
Pome fruit
South Africa
There has been a decrease of 5% on Pear volumes exported to the Middle East from South África, however there is an increase of 15% on Apples exported to the Middle East from South Africa compared to the same period last season.
Market update
There is still a high supply of Royal Gala from Poland and Serbia in the market. Apples from South Africa are being re-exported from Dubai to Saudi Arabia with many different supplier brands. The market is only expected to pick up at the end of May when most of the volume from Poland and Serbia is anticipated to be out of the market. Market price levels are stable for Pears; however, the movement is still slow.
Market Prices (Dubai, Kuwait and Jeddah)
Grape, Stone, Kiwi Fruit
Grapes -South Africa
No report.
Market update
No report.
Stone Fruit -South Africa and Chile
No report.
Cherries
No report.
Mangoes
No report.
Market update
No report.
Kiwi fruit – Market update
The market is supplied with Kiwi fruit from Iran; however, the fruit is soft, and the quality is not good and selling between $10.65-$13.35 (10kg) in Saudi Arabia. There should be a good market opportunity for Kiwi fruit from South Africa and Chile.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
No report.
Bangladesh
No report.
SA Statistics
Decofrut Statistics
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