Uzbekistan cherries in Singapore and difficulties in diversifying Uzbek exports

Published 2021년 6월 8일

Tridge summary

Uzbekistan has made history by exporting cherries to Singapore, with the fruit priced at $17.6 per kilogram, a price higher than that in its traditional markets like Russia and Kazakhstan. Despite the small shipment size, it is seen as a positive step for the country's fruit business, showing potential for higher prices and increased income for farmers. The article also highlights a decrease in cherry exports to countries outside the CIS in 2020, despite a significant increase in exports, suggesting a lack of priority for these shipments. The number of countries receiving Uzbek sweet cherries has also seen a decline in 2020 and 2021, especially with the frost damage to cherry crops in 2021.

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

Original content

Against the background of EastFruit's information about the accelerating collapse of prices for cherries in Uzbekistan, the information from the National Information Agency of Uzbekistan that for the first time in the country's history a shipment of Uzbek cherries was delivered to Singapore looked very encouraging. And the prices for Uzbek cherries in supermarkets in Singapore were $ 8.8 per package weighing 0.5 kg, i.e. the price for one kg is $ 17.6. However, how significant is this supply for the fruit business of Uzbekistan and does it give producers hope for higher prices for their products in the future? After all, it is very obvious that the export of sweet cherries outside the post-Soviet space allows you to get a higher price than when it is supplied to Russia or Kazakhstan, which means that the farmer, both the largest and the smallest farmer, can increase their income level. EastFruit analysts decided to find out if there is progress in diversifying sweet cherry exports ...

Source: Eastfruit