The Middle East market remains slow with a low sales rate, however increased demand and price levels for green apples, pears, and mandarins. Limited availability for both pears and mandarins from South Africa as the season has ended on mandarins. There is very limited packing on late season pears.
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| 1.00 USD = 3.75 SAD (Saudi Riyals) |
| 1.00 USD = 103.36 BDT (Bangladeshi Taka) |
| 1.00 USD = 80.91 INR (Indian Rupees) |
| 1.00 USD = 17.62 ZAR (South African Rand) |
Citrus
The Valencia season is expected to end sooner than anticipated and packing will end in the next 3-4 weeks.
The packing of Mandarins from South Africa is finished for the season, and the crop is down. The latest estimated prediction is that South Africa will pack a total of 33.8 million cartons of mandarins for the season. This is a decrease of 700,000 cartons compared to the original estimate of 34.5 million cartons.
Market update
Lemon and Valencia price levels remain stable over the last week, however upward price trend for late mandarins from South Africa with limited availability/supply. The season for soft citrus has ended in South Africa.
There has been an overall increase in the volume of oranges shipped YTD from South Africa to the Middle East market by the end of week 37, while lemons and soft citrus volumes remained unchanged compared to the same period last season. Exported volumes indicate 4% increase on oranges, lemons are up by 9% and a decrease of 3% in soft citrus.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
By the end of week 37, export estimates on all apple varieties are up by 1% compared to the same period last season, however, there has been an increase of 13% on all pear varieties exported from South Africa compared to the same period last season.
The first late season pears (stored in CA rooms) was shipped from South Africa to China and arrived before the Mid-Autumn festival. This is good exposure for South Africa’s pears and to prepare the Chinese market to start taking the new season pears from South Africa.
European apple estimates is forecast to be down due to hot weather in August and rising costs. The adverse weather conditions affected the colouring and size of a part of the crop. The high increase in electricity prices, which might also prevent growers from picking a part of their crop due to the unaffordable storage costs as well as the shortage of seasonal workers.
The European apple crop is estimated to be 90,000 tons down compared to the first forecasted estimate in August. France, Italy, and Spain will revise their original estimate downwards, except for Poland and Czech Republic where their estimate currently remains unchanged.
Market update
The market is supplied with apples from South Africa, Greece, Italy, however, the demand is lower for Royal Gala apples with an increase in demand for green apples. Royal Gala from Poland and Serbia entering the Middle East market will compete with apples from Italy and will therefore need to be below the price of Italian apples in the market.
Market Prices (Dubai, Kuwait and Jeddah)
Grape, Stone & Kiwi Fruit
Update on Kiwi Fruit and a market update in the GCC countries
No Report
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Large supply of SA oranges have made arrival and are enroute. This is causing prices to drop quickly. The Indian Rupee also weakened the past couple days to below 80 which will put further pressure on the market.
Bangladesh
Orange prices are coming down quickly and new orders are limited and at low prices. Apple market doing well with late Royal Gala apples. There is demand for Forelle pears, due to very limited supply.
PPECB Statistics
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