Prices for orange juice in the local South African market are higher than they are willing to pay in Europe

Published 2024년 6월 27일

Tridge summary

The early South African citrus market is showing limited activity as supply is increasing after previous delays, particularly with lemons. However, the grapefruit market is seeing a decline with decreasing supplies. Oranges from South Africa are also behind in deliveries to Europe, leading to a 50% decrease compared to last year. High local prices for juice in South Africa reduce the need to export. However, a potential industry shortage in Brazil, the usual supplier of fruit for juice processing, could provide opportunity for South African exports. Additionally, weather conditions in Europe may impact sales.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The market for early South African citrus is not yet very active, says Edwin Wolf of Rotterdam-based Origin Fruit Group. He said supply was starting to increase after supplies from South Africa were delayed for a long time. This was especially evident in the example of lemon, large volumes of which were still in stock from Spain, but now supplies are intensifying. EastFruit writes about this with reference to FreshPlaza. But in the grapefruit market the opposite is true, notes Edwin Wolf: “There, deliveries at the beginning of the season actually started smoothly and with large volumes, but now the market is falling and supplies are running out. Sales of early tangerines are also moderate.” Supplies of South African oranges to Europe are also lagging significantly. “So far, deliveries to Europe were 50% less than last year, and that was also not the best year,” notes Edwin. – South African producers do not have much need to export due to high prices for juice on the local market. ...
Source: Eastfruit

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