Due to the blockade in the Red Sea, citrus fruits may become cheaper in Ukraine

High citrus prices may decrease if Egypt's citrus exports are diverted from Asia to Europe due to the Houthi blockade of the Red Sea. Evgeny Kuzin, an analyst of the fruit and vegetable market in the EastFruit project, an international consultant of the FAO, told about this in the market review of the magazine "Gardening in Ukrainian". Ukraine has high prices for oranges due to their crop failure in EU countries (especially Spain). The situation may change due to the blockade of goods by the Red Sea. "Due to the activities of the Yemeni Houthis, the export of oranges from Egypt to Asian countries has practically stopped," the expert said. "And Egyptian exporters can increase their presence in Europe by reducing prices on the market." Along with bananas, citrus fruits are currently the main fruits sold in Ukraine during the winter period. Prices for tangerines are also quite high, but they are lower than last year due to a significant increase in their production in Turkey. Banana ...