Complete failure - the results of fruit exports from Moldova to Russia in the first half of 2021

Published 2021년 8월 25일

Tridge summary

Moldova's fruit exports to Russia, its main market, experienced a significant decline in the first half of 2021, with the country falling four positions in the fruit supplier ranking and seeing a 23% decrease in revenue. The export volumes and average prices of key fruits such as apples, table grapes, sweet cherries, and prunes have all dropped, while the export of garden strawberries saw a minor increase. The decline is due to increased competition from fruit suppliers in Iran and Turkey, as well as high-quality local production in Russia. EastFruit analysts predict that the 2021/22 season will be challenging for Moldovan apple producers due to increased production in the region and decreasing demand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, the first half of 2021 turned out to be the most disastrous for Moldova's fruit exports, at least in the last five years. In the rating of fruit suppliers to Russia, the main market for Moldovan fruit, the country dropped four positions at once, taking only eighth place, although in 2020 at the same time Moldova was fourth. In addition, revenue from the export of Moldovan fruits to Russia in the first half of 2021 decreased by 23% to $ 95 million. Apple exports from Moldova to Russia decreased by 33% over the year, and in relation to the average for recent years - by 23% to 101.5 thousand tons. Export of table grapes, the second most important fruit export to Russia, fell by 19% and was also below the average for recent years. However, the most significant decline was observed in the export of sweet cherries, which was partly due to the delay in the beginning of the harvest of sweet cherries. Nevertheless, as of the end of June 2021, Moldova was ...

Source: Eastfruit