Update on the market in the GCC countries.
The market remains strong for Grapes, Plums, and Oranges and stable for other commodities, however, remains under pressure for Apples due to the oversupply from Poland and Serbia that are still in the market much later this season.
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1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 116.73 BDT (Bangladeshi Taka) |
1.00 USD = 83.49 INR (Indian Rupees) |
1.00 USD = 18.44 ZAR (South African Rand) |
Citrus
Citrus fruit
There was a 28% decrease in exported volumes of Lemons and 41% on Soft Citrus from South Africa to the Middle East compared to the same period last season. The packing of Lemons in the Eastern Cape is underway, however some areas have stopped packing for a few days to wait for colour development before starting to pack again. All growers in the Northern areas and Eastern Cape are packing Novas, however the fruit sizing is smaller this season. The growers who pack Leanri and Royal Honey Murcotts varieties of Mandarins have started packing for the local and export market. In Northern areas we are waiting for the next pick of Lemons, however the fruit is peaking on small sizes. South African Star Ruby export estimate is down by 1million cartons this season.
Market update
The Lemon market is stable and there has been less volumes being re-exported from Dubai. The market is currently only supplied with Navels from Spain at high price levels, and there will be a good opportunity for the first Navels from South Africa. The price for Valencias from Egypt has also started to increase. The Egyptian Valencias is expected to be in the market until the end of July for sure, but it’s too early to predict if Egypt will still be in the market in August. Mandarins from Spain are selling at high price level as Morocco is finished. There are Novas in the market from Turkey and Egypt. Star Ruby – Demand and sales are slow with market prices dropping quickly.

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 Africa, however there is an increase of 16% on Apples exported to the Middle East from South Africa compared to the same period last season.
Market update
The market continues to be under pressure for Royal Gala Apples due to the oversupply. Pears from South Africa is stable and the demand is increasing due to less volumes that are being sent to the Middle East.
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 with low prices due to the quality. The first Kiwi Gold from South Africa has made arrival in Dubai with high price levels of $17.70 (3kg).

Market Prices (Dubai, Kuwait and Jeddah)

India / Bangladesh

India
Supply chain and Cold stores full
The supply chain and cold stores across India are all full due to the slow movement and over supply of Apples in India. Pears and Plums are moving well. The market on Apples is expected to stay difficult for the rest of the season.
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Bangladesh
Chinese Mandarins in full swing
The Apple market remains under pressure but is expected to improve over the next 3 weeks. Mandarins from China are selling well but is expected to drop once volume hits the market. Limited volumes of Soft Citrus have been shipped from South Africa thus far.
SA Statistics

Decofrut Statistics

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