Market report dried fruits
Similar to the Turkish hazelnuts we have also observed increased prices with apricots as a result of the current exchange rates and the fact that stocks of the current crop yield are starting to run out. In spite of the fact that the crop yield was bigger than the past years, it is almost impossible to get the bigger sizes. In case of large requests we ask that you request for price and availability first.
The crop yield of South African apricots has also been very small again this year and the prices are high. We will inform you about the availability over the next few months.
The cranberries supplier intends to stop production of the Cranberry elderberry. They have indicated that they can ship until March, after which date availability will become increasingly limited. It is expected that this product will no longer be available around June.
There is some improvement in the delivery reliability of Ocean Spray. Supply Chain is trying to get as many cranberries in as possible to ensure we will not face availability issues here.
The currant market remains difficult. The Greek crop yield in 2017 was not good and the prices did not outweigh the costs of the factories. People have been busy establishing a ‘fixed price’, but because this has taken so long the prices have already increased considerably.
The South African raisins will be harvested at the end of January after which production will take another two to three weeks. The expectations for this year’s harvest are good and it is expected that the first new harvest prices will be announced in the next four weeks. Due to a lower than expected crop yield in America we are currently observing significant price increases for Thompson raisins.
In Chile the 2017 crop yield is almost completely sold out; vendors are offering the last batches. Packers in Chile are expecting a difficult harvest in 2018 due to the bad weather conditions and the big demand for grapes. Here it is also expected that the new prices will be announced in the next four weeks. The availability of jumbo raisins is limited.
As mentioned in the last market report we have observed increasing prices for Turkish figs. The figs are currently relatively expensive and it is expected that this will stay that way.
The harvest of Chilean prunes will start in February and the forecasts are positive. The harvest is expected to be the same in volume as 2017 and the prices are expected to remain approximately the same. The prospects regarding the quality of Chilean prunes are good; the next harvest seems to be improving in quality.
Due to recurring problems with Goji berries we have decided to put them on the backburner for now. The decision to continue or stop completely with selling Goji berries will be taken this month.
The past weeks we have received various samples from potential blueberry suppliers. Although some suppliers were 2% to 3% cheaper, we have decided to stay with our current blueberries based on quality and taste.
Pineapple & Papaya
In the countries of origin, they are heading towards harvesting the pineapple and papaya, which is looking good in terms of quality and volume. This is therefore a perfect moment to cover volume.
The market for banana chips is currently stable to the extent that they are able to deliver in the countries of origin and that the prices are stable.
The bigger producers in the countries of origin are sold out until March 2018 and there are only limited volumes available locally. It still remains a challenge for the market at the moment to find sufficient volume of good quality and the expected consequence is that prices will increase in the following period.