Update on the market in the GCC countries.
There was an increase in sales and price levels over the Hajj period, with Kiwi fruit and Forelle Pears being the main commodities sold in Mecca for Hajj. Downward market trend in sales and prices for Navels and Soft Citrus due to higher volumes available in the GCC countries, however the demand for Lemons, Apples, and Pears have increased due to less availability in the market. The market is supplied with Stone fruit from Syria, Jordan, Egypt, and Turkey at low price levels.
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1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 117.61 BDT (Bangladeshi Taka) |
1.00 USD = 83.60 INR (Indian Rupees) |
1.00 USD = 17.99 ZAR (South African Rand) |
Citrus
Citrus fruit – South Africa
In the Northern areas, some growers are busy with their last Star Ruby and Lemon pick for the season. Valencias – the packing of Turkey Valencias are in full swing , and colour development is further compared to the same time last season. The latest predicted industry estimate for Valencias has been revised to 55.5 million cartons. This is a decrease of 2.8 million cartons from the original estimate of 58.3 million cartons. Navels – Growers up North who have Midknight, Cambria, and Witkrans Navels will wait for colour to fully develop before starting to pick in week 28/29 (beg – mid July). Mandarins – the packing of Nadorcotts will start next week (week 27) in the Northern areas, with small volumes being packed to start with.
Market update
In Saudi Arabia, the price for both Navels and Soft Citrus from South Africa has dropped, and this is due to more volume being re-exported from Dubai. However, the demand for South African Lemons is increasing due to less availability in the market. Valencias from Egypt is expected to be in the market until mid-August. There is still a lot of volume in the Middle East and selling between $6.65 – $7.50 (14kg).
Market Prices (Dubai, Kuwait and Jeddah)
Pome
Pome fruit
South Africa
There is a high demand for Royal Gala Apples with limited supply available for the Middle East, India, and Bangladesh. The EU and UK are performing well with high prices before the start of their season. There is also a high demand for Granny Smith Apples with limited supply available, due to volume being committed to retail programmes in the EU and UK. The crop is also down by 25% this season. Decrease in Forelle and Vermont Beaut volumes with less bins being packed every week, and this is to try and extend the season as late as possible.
Market update
The market sales and price levels is expected to increase for Royal Gala Apples with less volumes being shipped from both South Africa and Chile. Forelle Pears continued to sell at higher price levels in Jeddah and Madina over the Hajj period and selling between $22.65 – $24.00 (12.5kg), while price levels were slightly lower in Dammam and Riyadh in Saudi Arabia and selling between $20.80 – $21.85 (12.5kg).
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
Downward price trend for Chilean Kiwi fruit due to fierce competition from Iran pushing down price levels for Kiwi fruit in the GCC countries.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Apples starting to clear up
All apples from SA are moving well except the big sizes of Top Red Apples that is still standing still. The India Apple crop is delayed by two weeks and this should give importers the opportunity to make up some of their losses assuming they get supply and the fruit is not delayed in the shipping process.
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Bangladesh
Apple market picked up
The Bangladesh Apple market started picking up due to less South African Apples shipped. We are at the tail end of the South African Royal Gala season and packing will end week 29.
SA Statistics
Decofrut Statistics
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