Fruit producers in Egypt and Peru suffer millions in losses due to supply chain disruption

Published 2022년 3월 30일

Tridge summary

The article highlights the logistics disruptions leading to a halt in fruit exports from Egypt and Peru. Egypt, the largest orange exporter last year, has seen a decrease in demand and loss of the Russian market, leading to a potential undersupply of 40% of the orange harvest this year due to increased shipping and packaging costs. Egyptian exporters are trying to pivot to the European market, but face competition from China. On the other hand, Peru, which relies heavily on Russia as its third-largest importer, has seen a significant decrease in avocado exports to Russia due to military aggression and an economic crisis, resulting in a 49% drop in volume and a 34% decrease in value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The rupture of logistics chains around the world has led to the fact that the export of fruits from Egypt and Peru has actually stopped. Egypt was the largest exporter of oranges last year, with nearly 1.8 million tonnes shipped, according to Esra Assaf, export and logistics manager for Egypt's Nile Establishment. This season has been tough for producers. Decreased as demand, and immediately by 40%, and prices. At the same time, the fruit producer actually lost the Russian market due to the suspension of supplies, reports Fruit-inform. According to Esra Assaf, the cost of shipping and packaging has risen significantly this year, which has had a negative impact on the overall cost of production. Whether it is the Russian, European or Asian market, each of them has its own specific problems that Egyptian orange exporters have to face: “Russia is one of the main importers of Egyptian oranges. The current situation in this market is unpredictable due to the conflict, problems with ...
Source: Eastfruit

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