Bosnia and Herzegovina yields to Ukraine and Morocco on the global raspberry market

Published 2023년 5월 15일

Tridge summary

Bosnia and Herzegovina's exports of frozen raspberries have decreased by 48% in value and 45% in quantity over the past year, resulting in a significant loss in global market influence. The country's crisis is part of a larger European crisis, with the main market, Serbia, also reducing its purchases. In contrast, Ukraine's raspberry exports have increased, expected to grow by at least 20-25% in the 2022/23 season, surpassing Bosnia and Herzegovina's exports by more than six times. Morocco's position in the global market is also strengthening, further challenging Bosnia and Herzegovina.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, Bosnia and Herzegovina, one of Ukraine’s competitors in the global frozen raspberry market, has reduced its exports in value terms by 48% and, in quantitative terms, by 45% over the past 12 calendar months. Thus, this country lost its high position in the world ranking and reduced the level of influence on the global raspberry market. Bosnia and Herzegovina exported 6.9 thousand tons of frozen raspberries from April 2022 to March 2023, compared to 12.6 thousand tons a year earlier. Thus, the downward trend in the exports of this berry, which began in 2019 and has been observed for four years now, not only persisted but also sharply accelerated. The strengthening of downward trends in exports from Bosnia and Herzegovina was obviously caused by the general crisis of the European market for frozen raspberries this season, which we described in detail earlier. Noteworthy, the main market for Bosnia’s raspberries was Serbia, which added value to and ...
Source: Hortidaily

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