Update on the market in the GCC countries.
The Middle East will celebrate the New Islamic New year on 7 – 8 July 2024. The market is strong and performing well on Apples and Pears. Soft Citrus and Navels are under pressure due to high volumes that have made arrival in the market. The market remains slower than usual due to the summer school holidays, with local people on vacation abroad.
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1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 117.51 BDT (Bangladeshi Taka) |
1.00 USD = 83.44 INR (Indian Rupees) |
1.00 USD = 18.40 ZAR (South African Rand) |
Citrus
Citrus fruit – South Africa
Rain in the Western Cape has hampered packing during the week.
Oranges – Some growers in the Northern areas are still packing Turkey Valencias, while other growers have moved over to packing Midknight Valencias. Fruit sizing differs from orchard to orchard. Hoedspruit area is peaking on count 56/64, while Letsitele area is one to two sizes smaller and peaking on count 72/88. Midknight packing will continue for the next 3-4 weeks followed by Delta and Bennie Valencias and colour is already good.
The Valencia estimated crop can be further adjusted due to growers predicting smaller size fruit.
The packing of Cambria from the Eastern Cape is only expected to start in week 29/30 due to weather changes.
Mandarins – Tango’s are at the tail-end of the season in the Northern areas and growers are starting to pack Nadorcotts slowly due to colour development.
Lemons – Packing in the Sundays River Valley area is in full swing.
Market update
Lemons are stable with only a small increase in demand for good quality Lemons, due to volumes available in the market.
Soft Citrus and Navels are under pressure due to high volumes that have made arrival in the market.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
Pome fruit
South Africa
Middle East – decrease of 3% on pear volumes shipped to the Middle East compared to the same period last season.
Limited volumes of Royal Gala Apples available due to the end of the South African season.
Market update
High demand and price levels for Forelle and Vermont Beauty Pears from South Africa with limited availability. The demand for Apples from South Africa has increased due to limited availability at the end of the season.
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
Slight drop in price levels for Kiwi fruit from Chile. Iran is at the tail-end of the season and should be out of the market in August.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Poor quality SA Mandarins
Arrival of poor quality Mandarins have put the Easypeelers market under pressure and importers are selling below cost. The Apple and Pear market is still doing well and is expected to stay good until the local crop starts.
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Bangladesh
Citrus update
Currently, the Soft Citrus market is performing well due to less volume shipped. Growers up North in South Africa have started packing Valencia this week. With a high local Orange juice price, total exported volumes will be less this season.
SA Statistics
Decofrut Statistics
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