South Africa: Alcohol ban causes pineapple prices to rise by 74%

Published Jul 13, 2021

Tridge summary

Due to the alcohol ban, pineapple prices in South Africa have surged by 74%, reaching R7.32 (€0.42) per kilo, as a result of the fruit's high sugar and yeast content being used for home brewing. Banana prices have also increased by 11%, while apple prices have stabilized and decreased to R6.77 (€0.39) per kilo. Orange prices have risen to R3.09 (€0.18) per kilo, but the lemon market is still experiencing pressure with prices at R3.20 (€ 0.19) per kilo. Avocado prices remain stable at R16.07 (€0.94) per kilo.

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

Original content

"Pineapple prices have risen considerably," said Johnny van der Merwe, director of Agrimark Trends. This increase is attributed to the alcohol ban. Pineapple prices were up 74% to R7.32 (€0.42) per kilo week-on-week, volumes sold were up 27% week-on-week. This increase is probably due to the fact that some South Africans have decided to become home brewers and use the high yeast and sugar content of pineapples to make alcoholic beverages. Banana prices shot up 11% to R7.37 (€0.43) per kilo, apples stabilized and fell to R6.77 (€0.39) per kilo, while oranges rose to R3.09 (€0.18) ...

Source: AGF