Tridge summary
South Africa's table grape exports in 2023/24 have seen a significant increase of approximately 16%, reaching 74.1 million boxes with an estimated export revenue of between 12 and 13 billion rand. This marks an all-time high for the country's grape exports, but the efficiency issues at Cape Town Port have caused substantial losses for exporters, with each box costing about 20 rand more due to these inefficiencies. Despite these challenges, the South African Table Grape Industry Association (SATI) anticipates these equipment issues at the Cape Town Container Terminal to persist for the next two years, with Transnet planning to acquire and install new equipment to address the ongoing inefficiencies.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to a report on the South African Daily Business website on May 29, data from the South African Table Grape Industry Association (SATI) showed that South Africa's table grape exports in 2023/24 increased by about 16% year-on-year to 74.1 million boxes (4.5 kg per box), and export revenue is expected to increase to between 12 billion and 13 billion rand. Although South Africa's table grape exports have reached an all-time high, the inefficiency of Cape Town Port has caused billions of rand losses to exporters, and grape producers estimate that they lose about 1 euro (about 20 rand) for each box of ...
Source: Foodmate
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