In the last three months of 2015 Denimpex will focus on oversea citrus imports, as well as the more traditional products: ginger, garlic, chestnuts, grapes and dates. "After a successful Argentinian citrus season we are now busy with the last oranges from South Africa, but limes from Brazil and Mexico and Chinese pomelos also belong to our range of products," says Joey Deen.
Limes from Brazil and Mexico
Over the past five to six weeks the lime market has been difficult for every importer, "Supply from both Brazil and Mexico was high, consumption is always lower at the end of summer which results in older inventories and lower prices. Little is being shipped to Europe from Mexico and Brazil right now, the reasons for this are as follows: a great deal of rain in Brazil, lower quality and yields in Bahia and no new harvests in Sao Paulo for another two to four weeks. The demand for Mexican limes from the U.S. is good, with quicker payments and transport times than Europe. In addition, it has been raining there for the past two weeks so export quality fruit is not widely available. Five weeks ago we had 120-150 containers per week arriving in Europe, now it is around 55 containers. Now that the availability is less, the price has increased quickly over the last seven days," says the importer.
South African citrus
"We also must not forget that China - a big producer and consumer of oranges - suffered from two typhoons: Rammasun and Seagull. Approximately +/- 35% of the total harvest was lost. As a result of the typhoons, prices in China have significantly increased since the Chinese Moon-festival. It is expected that the world market will be affected by China opening itself up to the import of oranges.
"To export to Europe they have to take the spray schedule, GlobalGAP, and so forth into account, but for the local market this is not important, so of course its much more interesting for them. Also, the local price is better than the export price right now. The Chinese cannot consume their entire harvest and will therefore have to continue exporting, but it seems likely that (much) less containers will be loaded. The sales prices are good right now and supply is limited so we expect this to continue for a while. But we also have to be realistic. Pomelos will be coming to Europe for another four to five weeks, so the price will be slightly lower, but we do not think the price will drop as low as it has in the past two years," says Joey.
For more information:
Joey Deen
Denimpex B.V.
Sint Antoniesbreestraat 10
1011 HB Amsterdam – Holland
T: +31 20 6246390
F: +31 20 6225448
www.denimpex.nl
South African citrus
This year we started directly importing citrus, Star Ruby grapefruit and oranges from South Africa. It is well known that the grapefruit market has been excellent this year, but the orange prices have also been good this season. South Africa stopped export to Europe a few weeks earlier than last year. This year the harvest in Spain is later, which means there is no reason for the prices to fall. The prices are more likely to rise if you ask me," says Joey. "Next week the last oranges will reach Europe. The greatest demand is for oranges that are suitable for the German retail market. There is a clear shortage here, but other markets also have good demand and limited availability."
"We also must not forget that China - a big producer and consumer of oranges - suffered from two typhoons: Rammasun and Seagull. Approximately +/- 35% of the total harvest was lost. As a result of the typhoons, prices in China have significantly increased since the Chinese Moon-festival. It is expected that the world market will be affected by China opening itself up to the import of oranges.
Chinese Pomelos
"Last week we visited our suppliers in Pinghe, China to see how the harvest and quality is. In terms of kilos the harvest is larger this year, but the acreage has not increased. This means that the pomelos are larger, and in Europe the demand is for smaller sizes (sizes 9, 10, 11, 12, 13). Many Chinese exporters are totally fed up with exporting and losing money. The local market has been doing well for the past two years and has been very good for the growers, while at the same time they have been losing money on the pomelos they are exporting," says Joey.
"Last week we visited our suppliers in Pinghe, China to see how the harvest and quality is. In terms of kilos the harvest is larger this year, but the acreage has not increased. This means that the pomelos are larger, and in Europe the demand is for smaller sizes (sizes 9, 10, 11, 12, 13). Many Chinese exporters are totally fed up with exporting and losing money. The local market has been doing well for the past two years and has been very good for the growers, while at the same time they have been losing money on the pomelos they are exporting," says Joey.
"To export to Europe they have to take the spray schedule, GlobalGAP, and so forth into account, but for the local market this is not important, so of course its much more interesting for them. Also, the local price is better than the export price right now. The Chinese cannot consume their entire harvest and will therefore have to continue exporting, but it seems likely that (much) less containers will be loaded. The sales prices are good right now and supply is limited so we expect this to continue for a while. But we also have to be realistic. Pomelos will be coming to Europe for another four to five weeks, so the price will be slightly lower, but we do not think the price will drop as low as it has in the past two years," says Joey.
For more information:
Joey Deen
Denimpex B.V.
Sint Antoniesbreestraat 10
1011 HB Amsterdam – Holland
T: +31 20 6246390
F: +31 20 6225448
www.denimpex.nl