The World Fresh Forum will offer a space for commercial relations

Fruit Attraction 2019: India and Singapore, importing guest countries

In order to favor fruit and vegetable commercial relations between the countries of the European Union and other non-EU markets, India and Singapore will be importing guest countries at Fruit Attraction 2019.

The 11th edition of Fruit Attraction, which is organized by IFEMA and FEPEX, will be held from October 22 to 24. In addition to processing the invitations to the authorities of Singapore and India, the organizers of the event will allocate an important budget to attract more than 100 traders, purchasing managers, operators, importers, and retail actors from India and Singapore to Madrid. These countries will also be protagonists at the World Fresh Forum, the business networking space that, organized together with the ICEX, will address the commercial relations between these countries and allow the presentation of business opportunities.

In recent years, Spanish and European exports fresh fruits and vegetables to Singapore have had a positive evolution; one of the main factors to invite Singapore as one of the guest countries at the Fruit Attraction's next edition. Singapore is also an important distribution center for the countries of the region.

Spanish shipments, mainly of fruit, have gone from 4 million euro in 2014 to 9.5 million euros in 2017. The main exports of fruits have corresponded to persimmon with 1.9 million euro; blueberries, with 1 million euro; lemon, with 945,917 euro; peach with 937,035 euro, and plum with 811,292 euro.

According to the latest official data from the General Directorate of Customs, up until November 2018, the country exported 3,502 tons worth 7,1 million euro to that destination, 3,464 tons of which corresponded to fruits valued at 7,02 million euro and 38 tons of vegetables worth 133,938 euro.

Community fruit and vegetable exports to Singapore have grown by 6% in the last four years, from 22,492 tons to 24,247 tons in 2017, with a 60% increase in value, as they went from 20.8 million euro to 35 million of euro. The main fruits exported were apples, kiwis, and persimmons; and the main vegetable exported was the onion. Community fruit and vegetable exports to Singapore in 2018, up until November, amounted to 16,823 tons worth 30.1 million euro.

India has also registered a positive evolution as a recipient of Spanish and Community fruit and vegetables. In 2014, Spanish exports stood at 582 tons worth 546,059 euro. In 2017 they increased to 2,335 tons worth 2.5 million euro, i.e. 301% more in volume and 358% more in value. However, the volumes are small, so Fruit Attraction can contribute to improve the position of the Spanish sector in this market. Up until November of 2018, Spain exported 1,728 tons worth 1.6 million euro to this destination. The main products exported were apples and pears.

Community exports to India from 2014 to 2017, grew by 416% in volume and 309% in value, totaling 60,556 tons and 46.7 million euro. The main export product was the apple with 40,269 tons and 31 million euro, according to data from the European Statistical Office, Eurostat, processed by FEPEX. Shipments up until November 2018 totaled 14,184 tons and 15.1 million euro.

Southern Europe is consolidating as the new hub in growing expansion and importance in terms of global fruit and vegetable marketing. It is also the gateway to Europe for Latin America, which strategically positions Fruit Attraction as a great platform and point of international meeting for the operators of fresh products.

 

Source: fepex.es


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