In General
Overall, the market remains slow across most commodity categories due to current market conditions. Vessel delays and inconsistent quality are continuing to affect supply and trading activity. Hotel occupancy also remains low, contributing to weaker demand, while local consumers are increasingly prioritising essential items as the cost of most commodities continues to rise due to the ongoing war.
More clarity on market conditions is expected once schools reopen next week, and local residents return from their summer vacations.
There is a still a lot of local fruits and fresh dates in the market at competitive prices.
| 1.00 USD = 3.67 AED (Emirate Dirham) |
| 1.00 USD = 3.75 SAD (Saudi Riyals) |
| 1.00 USD = 122.30 BDT (Bangladeshi Taka) |
| 1.00 USD = 95.72 INR (Indian Rupees) |
| 1.00 USD = 16.02 ZAR (South African Rand) |
Citrus
Lemons
Lemon supplies continued to build as further Southern Hemisphere arrivals entered Middle East markets. Increased availability, combined with low demand, kept the market under pressure, with prices continuing to weaken across most size categories.
Oranges
Egyptian Valencia oranges remained available in the market, while South African Navel volumes increased further. The greater availability of South African fruit intensified competition, while demand remained relatively soft, resulting in continued pressure on the market.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
Apples are currently stable, although availability of Royal Gala and Gala remains limited. The market is currently supplied with Royal Gala predominately from South Africa, with limited volume from Chile and Brazil. Serbia has started harvesting its new-season apple crop, followed by Italy towards the end of August/early September and Poland from mid-September.
There could be an opportunity for increased apple volumes into Dubai from alternative origins this season, particularly if restrictions on Iranian commodities continue to affect supply from Iran into Dubai.
Pear availability from South Africa continues to be limited. However, demand remains low due to the strong availability of summer fruits. Demand for pears is expected to improve in coming weeks.
Market Prices (Dubai, Kuwait and Jeddah)
Grape, Stone & Kiwi
Grapes
Egyptian grape volumes remained limited, while demand continued to be low. Competition from other seasonal fruits remained strong, continuing to impact sales and overall market activity. Spain is also in the market, selling at higher prices compared to Egypt.
Stone Fruit
Plums
Egyptian plum supplies remained limited, while demand continued to be weak. The market remained slow, with limited buying interest and difficult trading conditions.
Kiwi
Kiwifruit shipments from Iran to Dubai are expected to be affected by the current restrictions on Iranian commodities entering the UAE market.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Apples
India apples in the market are more of block colour this season and this is affecting the sales of late SA Flash Gala in the market. Easypeelers market is still looking promising.
Bangladesh
Easy Peelers
The South African Easy-Peelers are now coming to an end and should be finishing in the next week or two.
Sales of Easy Peelers are currently doing well.
SA Statistics
Decofrut Statistics
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