Markets

Alibaba’s fresh produce company Hema found changing labels

Greenyard announces 3.6% fall in sales after a challenging first half year

Greenyard announces 3.6% fall in sales after a challenging first half year

Published on Dec 04th, 2018

Global fresh and frozen fruit and vegetable giant, Greenyard, reported a drop in sales due to “exceptional weather conditions” across Europe. A persistent drought affected the growth of vegetables and fruit, with a high impact on the availability of the product and/or on market prices. Combined with earlier announced and continuing margin pressure in a number of Greenyard’s key markets, this resulted in a net sales decline by 3.6% to €1.98 billion (excluding discontinued operations). Without taking into account the FX effect (-0.2%), net sales declined by 3.2% versus last year.

Pakistan exports US$163.6 million of fruits and vegetables in Q1 2018

Pakistan exports US$163.6 million of fruits and vegetables in Q1 2018

Published on Nov 08th, 2018

Pakistan’s fruit and vegetables exports in Q3 shot up 49.3% and 19.2% respectively from last year. Around 131,000 tons of fruits worth US$101.7 million were exported between July and September 2018, according to data released by the Pakistan Bureau of Statistics. As for vegetables, 133,000 tons worth US$ 32.8 million were exported, compared with 81,000 tons worth US$ 27.6 million in the same period of 2017.

Ukraine’s fruit exports rise 40%

Ukraine’s fruit exports rise 40%

Published on Nov 06th, 2018

Worth US$157 million, the Ukraine’s fruit exports in 2018 up to September were worth 40% more than for the same period last year. The main products were walnuts ($69 million), frozen fruits and berries ($61 million), and apples and pears ($10 million). In fact, export volumes of apples and pears climbed from 9,000 tons to 29,000 tons.

Turkey doubles additional levies on US products

Turkey doubles additional levies on US products

Published on Oct 10th, 2018

On August 15, 2018, President Erdogan of Turkey introduced a second round of countermeasures on products of US origin. This doubles the additional levies that were implemented on June 25, 2018.  The additional tariffs relate to the same products from the June 25th decision, and include tree nuts, machinery and equipment. Turkey announced these measures in retaliation to the US imposition of steel and aluminium import tariffs.

Fruit and Veg Mafia scam exposed in Palermo

Fruit and Veg Mafia scam exposed in Palermo

Published on Oct 10th, 2018

Palermo's Antimafia Investigations Directorate (DIA) has confiscated assets worth €150 million from a pair of brothers who for years orchestrated the infiltration of Palermo’s largest fruit and vegetable market. Angelo and Giuseppe Ingrassia exercised hidden control over the sale of fruit and vegetables in the market on Via Montepellegrino on behalf of the Galatolo clan, working through nominee directors.

FTAs likely to lead to increased competition in lucrative Japanese fruit market

FTAs likely to lead to increased competition in lucrative Japanese fruit market

Published on Sep 13th, 2018

A new free trade agreement between Japan and members of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), as well as an economic partnership agreement soon to be sealed between Japan and the EU, will generate increased competition between the world’s exporters for shares of Japan’s fruit market. This could be felt most strongly by Australia’s and Chile’s fresh orange and grape producers. In 2017, Japan imported approximately US$2.55 billion of fresh fruit products, of which 19.5% was from the United States.

Exports of US cherries to Japan plunge by 46%

Exports of US cherries to Japan plunge by 46%

Published on Aug 28th, 2018

US cherry exports to Japan are set to plummet by 46% in 2018/19 as a result of lower production and higher prices. At the same time, Japanese cherry production continues to shrink as the farming population ages . A shift  to new varieties like Benishuho, which can extend the season, also contributed to the drop in harvested area. This transition period is expected to last until 2025.

Oxfam report on Dutch supermarkets calls for action to alleviate harm down the production chain

Oxfam report on Dutch supermarkets calls for action to alleviate harm down the production chain

Published on Jul 04th, 2018

Oxfam has released a report on the effect of the Dutch supermarket sector on the conditions of workers in poor countries. The largest two Dutch supermarket chains control over half of the market, with turnover growing steadily over the past decade. Competition for consumers is fierce, with customers attracted by low prices for good quality food and a wide variety of options year-round. The report details how the growing dominance of supermarkets in the Netherlands and elsewhere has negative impacts on millions of farmers and workers who grow and process food under harsh conditions.

ASOEX and FDF present programme for Chile’s fruit exports from the central-southern region

ASOEX and FDF present programme for Chile’s fruit exports from the central-southern region

Published on Jun 14th, 2018

In Chile, a ‘Strategic Programme for the Export of Fruit Production’ has been announced for the South Central Zone. The project, coordinated by the Foundation for Fruit Development (FDF) in collaboration with the Ministry of Agriculture, the Association of Fruit Exporters of Chile (ASOEX), and sin addition to the blueberry and kiwis committees, as well as university research departments, seeks to support the development and competitiveness of the fruit producing and exporting sector by offering tools to deal with climate change and the requirements of international markets.

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