- Executive Director, Stakeholder Relations & Industry Growth - Canada
- Marketing Manager - Chicago IL
- Sales and Trading
- Grower and Project Planner Vertical Farming - Aarhus - Denmark
- Offre d’emploi de Responsable Commercial Senior Sales Manager
- Territory Manager - Brazil/South America, Argentina, Ecuador, Columbia
- Sales manager
- Head of Sales
- Sales Manager - Germany
- Key Account / Sales manager Fruit - DACH
Top 5 -yesterday
Top 5 -last week
Top 5 -last month
Israeli pepper exporters look east
“We are looking east, to Russia,” said Avi Kadan of AdaFresh. “Because of the Russian boycott, we see many requests from Russian importers every day. The phone doesn't stop ringing because those importers are in a panic.” Low prices in recent years caused many growers to abandon their pepper programs. Many others decided to abandon the export market because of unfavourable exchange rates in Europe, so those like AdaFresh, who have stayed in the pepper export business, are now seeing good demand. Though that doesn't mean the Russian market is free of any hurdles. The most important factor for Russian exporters is the risk and unsecured payments from Russian customers which limit the trade.
“We're trying to get good prices, but the issue right now is the exchange rate with the ruble,” explained Kadan. It's also tricky to export to Russia right now because of the capital investment required. While growers can sell their products on the domestic market and get an immediate return, the export trade requires more patience, as it takes longer for an exporter to recoup his money. With more demand in Russia, more product goes there. As more product goes to Russia, there are fewer supplies left for the domestic market, so domestic prices rise. As domestic prices rise, the allure of the export markets dims. The kind of crop Spain has will also factor in to how much Israel exports to Russia.
“We'll try to send as much as we can to Russia, but we don't know how the market will develop in January, when we start to move to Spain,” said Kadan. “The question is how much Spain will send to Europe. If the weather is bad in Spain, it will be good for us, but if the weather is good, then we'll send to Russia."
AdaFresh does all their pepper activities from Israel via their partnership corporation with Haluco Export LTD.
For more information:
Tel:+972 73 2332223
Mobile: 52 3336545
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2022-01-26 World cucumber production breaks records in 2020
- 2022-01-26 Technology for covered crops and in the field has potential to increase UK production, say experts
- 2022-01-26 NZ growers and suppliers: Expect more expensive vegetables in February
- 2022-01-26 "COVID-19 infected staff currently shippers' biggest challenge"
- 2022-01-26 "Chinese garlic price begins to rise as overseas markets stock up"
- 2022-01-26 Cabbage stocks rapidly diminishing in Russia
- 2022-01-26 "Spanish cauliflower is becoming an increasingly appreciated product with strategic value"
- 2022-01-26 “Precocity and quality: that is the strength of our asparagus!”
- 2022-01-25 Albanian vegetable exports down
- 2022-01-25 Coachella artichoke production season kicks off
- 2022-01-25 China: The overall vegetable price in Beijing Xinfadi market has risen significantly
- 2022-01-25 The 10 hottest chili peppers in the world
- 2022-01-25 Sinaloa's vegetable sector faces another season of plummeting prices
- 2022-01-25 Mini symposium on beans quality takes place on February the 18th
- 2022-01-25 "Erzberg tunnel offers optimal conditions for our King Trumpet mushrooms"
- 2022-01-25 Fennel in Italy is scarce and prices are soaring
- 2022-01-25 Potatoes and vegetables of the ‘borscht set’ to see increased acreages in 2022
- 2022-01-25 India: Tomato prices crash in Chennai market
- 2022-01-25 Looking back on the Chinese garlic market in 2021
- 2022-01-25 Belarus to introduce price regulation on ‘borscht set’ and apples