Singapore has stopped importing apples from Ukraine

Published Oct 12, 2021

Tridge summary

Singapore's import of fresh apples has seen a decrease of 17% in the first three quarters of 2021 compared to the same period in 2020, with imports from all top supplier countries reducing their exports. Despite China's excess stocks and record low prices, they still managed to decrease their exports. On the other hand, Turkey and Italy have experienced a significant increase in apple exports to Singapore, with a rise of 62% and 73% respectively. Experts attribute this to overestimation of demand and high stocks in Italy, leading to low wholesale prices and competitive marketing in Southeast Asian markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was reported by east-fruit.com. "In the first three quarters of 2021, 27.2 thousand tons of fresh apples were imported to Singapore - 17% or 5.4 thousand tons less than in the same period in 2020. At the same time, imports fell from all five major supplier countries: China, New Zealand, South Africa, the United States and France, "the statement said. According to experts, it is particularly interesting that China, which had excess stocks of apples and offered them at a record low price during the first nine months of 2021, also reduced their exports to Singapore. "Against this background, the sharp rise in imports of apples to Singapore from Turkey and Italy is noteworthy. Turkey was able to increase apple exports to this country by 62%, and Italy - by 73%. By the way, we have been paying attention to the Turkish apple phenomenon for a long time. But with Italy, the situation is different - producers in this country have clearly overestimated the demand for apples in the ...
Source: Agravery

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