Update on the market in the GCC countries.
The Middle East market is showing positive market trends for all Citrus and Soft Citrus from South Africa, with less volume available on Mandarins and Lemons.
The market on Bananas has crashed due to volume that has made arrival in the market.
Mangoes are available from Egypt until October, however there can be a small window of opportunity for Mangoes from Peru, if arrival is in November. Only Australia will be in the market in November.
| 1.00 USD = 3.67 AED (Emirate Dirham) |
| 1.00 USD = 3.75 SAD (Saudi Riyals) |
| 1.00 USD = 119.44 BDT (Bangladeshi Taka) |
| 1.00 USD = 83.91 INR (Indian Rupees) |
| 1.00 USD = 17.78 ZAR (South African Rand) |
Citrus
Citrus fruit – South Africa
Northern Areas – Growers will finish packing Valencias this week (week 37), and therefore week 38 should be the last big shipping week out of the Northern areas. The season has ended sooner than anticipated. Exported volumes from South Africa are down compared to the same period last season, and there is an overall shortage on all oranges.
Western Cape – Should pack Valencias until week 39/40, however volumes will be limited.
Eastern Cape – Growers are finished packing for export. However, final Citrus exports are being delayed due to the port being windbound and a distressed vessel taking up valuable berthing space at one of the container terminals.
In General
With all the rain and frost that Uruguay had, the quality is not there on the Valencias for long voyage/transit times. The Valencias will be sent to the local market, Brazil, or countries with shorter transit times.
Market update
The market is performing well on most Citrus and Mandarins. Due to less volume of Mandarins in the market, price levels are expected to continue to increase in coming weeks. Valencias from Egypt are still in the market, but volumes are low, and quality is lower compared to South Africa. The market also prefers South African Valencias for juicing compared to Egypt.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
Pome fruit
South Africa
Total, exported volumes from South Africa to the Middle East is 15% up on Apples and 3% down on Pears compared to the same period last season.
Market update
Increase in demand and market price levels for Granny Smith Apples, while no significant increase on Royal Gala Apples.
The demand, sales, and price levels have dropped for South African and Chilean Forelle and Vermont Beauty Pears, as well as Ercolini Pears from Spain (8kg). Pears are expected to pick up in coming weeks when there is less volume available in the market.
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
Only Kiwi fruit from Chile is available in the market and some Kiwi fruit from Iran. Greece should start making arrival in the market during September, however it is difficult for Greece to compete with the new season Kiwi fruit from Iran at lower price levels.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Pears moving slowly
Sales in Pears have slowed down slightly. Packham prices have dropped. Vermonts still doing well and moving through the chain.
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Bangladesh
Valencia update
Bangladesh market is performing average on imported Valencia from South Africa and receivers are just breaking even. This is the last week of Valencia’s packing up North then there will only be Western Cape Valencia left with much more rough skin.
SA Statistics
Decofrut Statistics
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