In the 2019/20 season, an apple from Ukraine and Poland is difficult to compete with Chinese in the markets of Southeast Asia


In the 2019/20 season, an apple from Ukraine and Poland is difficult to compete with Chinese in the markets of Southeast Asia

01/27/2020

An apple from China this year has seriously complicated the supply of European and American apples to the markets of Southeast Asia

According to EastFruit analysts, an apple from China this year has seriously complicated the supply of European and American apples to the markets of Southeast Asia, in particular to countries such as Singapore, Indonesia and Malaysia.

“The high apple crop in China coincided with the ban on the supply of Chinese apples to the Russian market, which is traditionally one of the two or three largest importers of Chinese apples. The situation was aggravated by a decrease in apple production in Europe, especially in Poland and Ukraine. And on top of that, gardeners in the United States, the country that is the main supplier of premium apples to the markets of ASEAN countries, harvested a record apple crop, ”says Andrei Yarmak, economist at the Investment Department of the Food and Agriculture Organization of the United Nations (FAO).

“As a result, the supply of cheap apples from China and premium apples from the United States rose sharply, and prices fell sharply. At the same time, wholesale prices for export apple varieties such as Golden Delicious and Gala in Ukraine and Poland increased by more than one and a half times, which made deliveries to this region almost pointless. Accordingly, export was carried out only by those companies that understood the strategic prospects of these sales markets and the need to maintain relations with Asian importers of fruits, although they could sell the apple more expensively in the domestic market, ”notes Andrei Yarmak.

See also: Moldova and Ukraine took the lead in terms of growth in apple prices – market review for the 4th week of 2020.

According to the expert, the situation may well change dramatically as early as next season if the apple harvest in the EU and Ukraine returns to its normal level. Also, given the continued expansion of apple orchard areas in countries such as Ukraine, Moldova, Russia, Belarus, Georgia, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan, the overall situation with apple supply in the region may again become very tense. After all, all these countries have a large percentage of young intensive and semi-intensive gardens that are just beginning to bear fruit. This means that the supply volume will grow in the complete absence of even a hint of a significant increase in demand for apples in the domestic markets of these countries.

Eastfruit

Key news and analysis of the fruit and vegetable market on Facebook and Telegram East-Fruit.com

Subscribe!

Using the materials of the site is free if there is a direct, open to search engines, hyperlink to a specific publication of the analytical platform East-fruit.com.






->

.