News

April 15, 2024 - Correct understanding of the claim for temporary relaxation of apple import quarantine in South Korea

Fresh Apple
Fruits
South Korea
Regulation & Compliances
Market & Price Trends
Published Apr 15, 2024

Tridge summary

The Nonghyup Economic Research Institute in South Korea has raised concerns over the proposal to temporarily relax apple import quarantine measures as a solution to the country's skyrocketing apple prices. They attribute the price surge, which saw increases of up to 88.2% in early 2023, to a 30% drop in apple production caused by frost damage and anthracnose. The institute warns that easing import restrictions could potentially devastate local agriculture by exposing it to new pests and diseases, emphasizing the importance of understanding the implications of such a measure.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Nonghyup Economic Research Institute selected ‘correct understanding of the claim for temporary relaxation of apple import quarantine’ as a policy issue this week. The Nonghyup Economic Research Institute said that a correct understanding of the recently controversial claim of temporary relaxation of apple import quarantine (SPS) is needed. Some media outlets have proposed importing apples through temporary relaxation of import quarantine in order to stabilize the soaring prices of apples. The reason why apple prices remain strong is that apple production decreased by 30% compared to 2022 due to damage from frost damage and anthracnose last year. According to the ‘2024 Consumer Price Trends’ recently announced by Statistics Korea, apple prices increased by 56.8% in January, 71% in ...
Source: Nongmin
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