| 1.00 USD = 3.67 AED (Emirate Dirham) |
| 1.00 USD = 3.75 SAD (Saudi Riyals) |
| 1.00 USD = 122.44 BDT (Bangladeshi Taka) |
| 1.00 USD = 90.72 INR (Indian Rupees) |
| 1.00 USD = 16.05 ZAR (South African Rand) |
Citrus
A small volume of South African lemons has arrived in the market. Customers are still uncertain about where prices should start at.
There is currently an oversupply of Egyptian oranges.
Mandarin volumes remain limited, and customers are willing to pay a premium for good-quality Moroccan mandarins compared to the Egyptian and Spanish mandarins that are also available.
South Africa
Early production regions are gearing up to pack next week. Colour developing is progressing well, with more volume expected in the next few weeks.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
South Africa has commenced packing the first Royal Gala apples, with arrivals into the Middle East expected in the coming weeks. Hail in Langkloof and Ceres has affected key growing regions, and the industry is still assessing the extent of the damage to apples and pears.
The overall market remains stable, with improving sales supporting a more positive trend on apples. Italian and French supply should finish by the end of Ramadan. Pear availability remains limited for summer varieties, though increasing weekly shipments should place downward pressure on prices. Only South Africa is available in the market.
Market Prices (Dubai, Kuwait and Jeddah)
Grape, Stone, Kiwi & Mango
Grapes
White, red, and black seedless varieties from South Africa are currently available. Seeded grapes are performing well, supported by limited supply. Good quality grapes are still moving at good price levels. Grapes from Peru, India, Lebanon, and Namibia are also available in the market.
Stone Fruit
Market performance for apricots are doing well, driven primarily by limited supply. Plums and Nectarines are still under pressure with large volumes of stock currently available in the market. The Peach market has recovered with limited stock available in the market.
Kiwi Fruit
The market is currently well supplied with Iranian origin, while offers from Italy and Greece are starting to come through. Only Green Kiwi is available from Iran and Gold Kiwi from Italy and Greece.
Mangoes
There has been a slight increase in pricing and lower volumes enroute should support further prices increases going forward.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Apple duty reductions will make for interesting apple season
India have signed a number of FTA’s with various countries which has resulted in the import duties of apples reducing to between 20% and 25% for these countries. Other countries still at 50%. Two of SA apple and pear regions have had hail storms that will have an effect on the availability of apples and pears from SA this season.
Bangladesh
On-going National elections
Currently, the wholesale market and importers’ offices are closed due to the ongoing national elections, which started on 11 February and will run until Saturday.
Luckily, we expect fruit sales to pick up during Ramadan, which starts on 17 February.
SA Statistics
Decofrut Statistics
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