Bosnia and Herzegovina continues to lose competition to Ukraine and Morocco in the raspberry market

Published May 10, 2023

Tridge summary

Bosnia and Herzegovina has seen a significant decrease in its frozen raspberry exports, with a 48% drop in value and 45% drop in quantity over the past year, leading to a loss in market influence. Exports totaled 6.9 thousand tons from April 2022 to March 2023, a decline that continues a four-year trend. The primary market for these raspberries, Serbia, received half of the exports. In contrast, Ukraine's raspberry exports have increased, with an expected growth of at least 20-25% in the 2022/23 season. Over the past year, Ukraine exported 42.5 thousand tons of raspberries, a increase of 9 thousand tons from the previous year, outpacing Bosnia and Herzegovina's exports.

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

Original content

According to EastFruit analysts, one of Ukraine's competitors in the global frozen raspberry market has reduced its exports in value terms by 48%, and in quantitative terms by 45% over the past 12 calendar months. Thus, this country lost its high position in the world ranking and reduced the level of influence on the world raspberry market. In total, Bosnia and Herzegovina exported 6.9 thousand tons of frozen raspberries from April 2022 to March 2023, compared to 12.6 thousand tons a year earlier. Thus, the downward trend in the export of this berry, which began in 2019 and has been observed for four years, not only persisted, but also sharply increased. The strengthening of downward trends in exports from Bosnia and Herzegovina was obviously caused by the general crisis of the European market for frozen raspberries this season, which we described in detail earlier. We also note that the main market for raspberries for Bosnia and Herzegovina was Serbia, which was engaged in the ...

Source: Eastfruit