Update on the market in the GCC countries

The market continues to be slow with a downward trend in price levels for most commodities in the GCC countries except for Bananas, Cambria Oranges, Angelino plums (Italy/Spain), Red apples (USA),  Green apples (France/Italy), and Forelle pears (South Africa) that seem to be doing well in the market.

• Citrus
• Pome
• Grape, Stone & Kiwi Fruit
• India & Bangladesh
• PPECB Statistics

Shipped YTD from South Africa

Lemons to the Middle East – a decrease of 3% on cumulative volumes shipped to date compared to the 2020 season.

Grapefruit to the Middle East – an increase of 26% on cumulative volumes shipped to date compared to the 2020 season. 

Soft Citrus to the Middle East – an increase of 70% on cumulative volumes shipped to date compared to the 2020 season.

Oranges to the Middle East – an increase of 20% on cumulative volumes shipped to date compared to the 2020 season.

Market update

The market remains under pressure for Valencias from South Africa in the GCC countries with a continued downward trend in price levels. Only Cambria oranges are still doing well.

The last of the South African late Mandarins are in the market and price levels have increased, however, once the Kinnow mandarin from Pakistan starts to arrive in the market over the next 10 days, South Africa will need to be out of the market.

Update on Stone fruit and a market update in the GCC countries

Some peach varieties are at the tail-end and therefore there is a gap in supply as the next variety only starts up in one week.  Slower packing on stone fruit this week due to heavy rain experienced in the Western Cape earlier this week. Packing on the early apricots will start in the Western Cape towards the Middle of next week (week 47) but the early fruit will be packed predominately for UK/European programs. However, once the volumes pick up then supply will be distributed to other countries. 

Black Angelino plums from both Italy and Spain are doing well in the GCC countries, however, the market preference is for the Italian plums.

Update on Grapes

There is a good demand for grapes in Europe. The early packing of grapes from Namibia has already started and this will be followed by the Northern areas in South Africa over the next 2 weeks. The GCC countries are currently supplied with grapes from Italy, America, Turkey, and Egypt although Italy is at the tail-end of the season.

Brazil had heavy rain and therefore grape export volumes are expected to decrease in the coming weeks compared to the same period last season.

India

No report.

Bangladesh

Sales in Bangladesh are moving at a fast pace, however little to no improvement in price levels leaves margins in the red with plenty of stock to go around.