There is uncertainty in the Middle East market about soft citrus volumes from South Africa. The market is afraid that high volumes of soft citrus will be diverted from Russia to the Middle East due to limited or no shipping to Russia. As this is what has happened on the pears.
Middle East customers have pushed for the loading of fruit last week/this week and next week for making arrival before Hajj. Hajj will start on the 7th of July.
1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 87.91 BDT (Bangladeshi Taka) |
1.00 USD = 77.58 INR (Indian Rupees) |
1.00 USD = 15.67 ZAR (South African Rand) |
Citrus
The picking of the first early Valencias (Turkey variety) should start next week but most growers will only start in the next 2-3 weeks by mid-end of June (week 24/25).
Although there is a decrease in the volumes of lemons, navel oranges, and soft citrus shipped YTD to the Middle East compared to the same period last season, the Eastern Cape is packing in full swing and therefore volumes will continue to increase week by week.
Market update
The market has stabilized on lemons and there is a slightly lower demand for South African lemons. This can be contributed to the Eastern Cape that is packing and there will be more volumes available week by week.
There is a slightly higher demand for South African navels due to Spanish navels that are almost finished. However, the demand is low for South African early Valencias, because currently the market is being supplied with high volumes of good quality Valencias from Egypt at low price levels.

Market Prices (Dubai and Kuwait)

Pome

Combined apple shipments from both Chile and South Africa to the Middle East are down by 8% compared to the same time last season.
A lower volume of pears will be packed over the next 2-3 weeks due to the packing of Pink Lady apples, that are taking preference. Volumes will continue to decrease thereafter as only big exporters have the capacity to store these late pears in CA rooms. And only these exporters will have late pears available. The volume per week will also depend on the quality (including pressure) that comes out of the CA rooms.
Market update
Continued high demand for Royal Gala apples with limited availability from South Africa and Chile, however low demand, and price for South African pears due to the volume in the market and on the water.
Market Prices (Dubai and Kuwait)

Grape, Stone & Kiwi Fruit
Update on Kiwi Fruit and a market update in the GCC countries
Chilean kiwi fruit exported to the Middle East is 8% down compared to the same period last season. There is also a higher % of smaller size Kiwi fruit from Chile compared to last season, and the market can only absorb a small % of this smaller fruit. Chile is competing with both Iran and Italy in the market with good sizing, quality, and low prices.

Market Prices (Dubai and Kuwait)

India / Bangladesh

India
The pear market has totally crashed and I have never seen such low prices being offered out from SA exporters as what is happening this year. There seems to be no bottom to this, as fruit is also being supplied on consignment. Still bigger volumes of pears to make an arrival.
Flash Gala nobody wants anymore due to poor quality arrivals. Royal Gala Red and Royal Beaut apples are the only commodities showing some resilience.
It is a mess.
Bangladesh
The Bangladeshi government has implemented additional duty of 20% on all fruit imports. Now there are also limitations on LC values and customers are expected to put bigger deposits down for the establishment of LC’s. Importers are trying to fight this duty increase.
PPECB Statistics

Decofrut Statistics

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