How will high transit costs affect the Middle East's cherry market?
South African cherry exports may decrease in Middle East due to transit costs South African cherry exports are facing challenges in the Middle East this season. High transit costs and associated risks regarding arrivals and shelf life are expected to cause a decrease in the volume of South African fruit sent to the region. Last season, 12% of the South African cherry crop was exported to the Middle East, but this season the market share is projected to fall.
- Effect
- Mild negative
- How direct
- Stated in the reporting
- When
- Right away
- The story
- Gone quiet
How it reaches Middle East
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South Africa's first cherries were harvested recently, but the forthcoming crop is expected to decrease by 10 to 15%. This reduction is attributed to poor fruit set, which resulted from heatwaves followed by cold and wet conditions. Despite the lower yield, South African cherries have gained market access to China and are expanding trade into the Far East and Singapore.
The full event1independent outlet -
High transit costs and the concomitant risks around arrivals and shelf life are expected to lead to a decrease in the volume of South African cherry crop going to the Middle East this season. Argentine cherries are noted as a competitor in this region.
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- freshplaza.com Oct 5
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geopolitical region encompassing Egypt and most of Western Asia, including Iran
Everything about Middle East
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The facts so far
As reported. Each one links to where it comes from.
- Last season 12% of the South African cherry crop had gone to the Middle East.freshplaza.com
- This season high transit costs and the concomitant risks around arrivals and shelf life will evidently lead to a decrease in the Middle East market.freshplaza.com
- South African cherry exports are growing, targeting Far East and Singapore markets.freshplaza.com
Why it matters
The Middle East represents a significant market for South African fruit, having received 12% of the cherry crop last season. Any decrease in volume directly impacts the regional supply chain and the availability of this specific high-value agricultural product.
Argentine cherries are noted as a competitor in the Middle East. Meanwhile, South African cherry trade is expanding in other regions, such as the Far East and Singapore, indicating a broader shift in global export patterns for the country's deciduous fruit.
What we don't know yet
- What specific transit costs are driving the expected decrease in volume?
- How will competitors, such as Argentine cherries, respond to the reduced supply from South Africa?
What would change this answer
— Other considerations
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Reporting
- freshplaza.comOct 5
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