Poor cherry harvest in Uzbekistan benefits Turkey for second year in a row

Published 2023년 6월 11일

Tridge summary

Uzbekistan is experiencing a harvest problem with sweet cherries, leading to high prices and limited supply, particularly for large caliber cherries. Despite these issues, exports are expected to surpass 2017-2020 levels but not reach the record of 2021 due to expansion of cherry cultivation areas. Weather issues in Azerbaijan and devaluation of the Turkish lira are aiding Turkish cherry exports. In contrast, demand for cherries in Russia is decreasing due to reduced income and consumer numbers. Moldova and Iran are also experiencing declining cherry prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, after a lean year for sweet cherries in 2022, Uzbek gardeners again note problems with the harvest of this most important stone fruit crop for the country. At the moment, prices for small caliber cherries in Uzbekistan are more than double the usual levels and are starting to rise. Above prices were only last year at the same time. Large caliber cherries, i.e. over 26mm, is offered in very limited quantities and only hit the market two weeks ago. Prior to this, it was difficult to purchase large quantities of such cherries. At the moment, large-caliber cherries are sold in bulk in Uzbekistan at $2.36 per kg, which does not allow them to compete successfully in export markets, which are now dominated by cherries from Turkey. “Back in early April, the expectations of market participants regarding the new cherry crop were quite optimistic, and the damage from the January frosts was estimated at no more than 10%. But in fact, these expectations were ...
Source: Eastfruit

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