Very poor year for Argentine pears and apples exports last year; 2013 prospects improving
Brazil's high fruit demand didn't prevent the general collapse of Argentine export of pears and apples. The exchange rate lag was a determining factor in this trading debacle, but better prospects are expected for 2013.
The National Health and Quality Agricultural Food Service (SENASA) released official statistics of 2012 total pear and apple exports, despite Brazil's strong demand for the Argentine fruits, it turned out to be one of the worst seasons in recent decades both in the amounts of fruit exported and foreign income perceived.
Apple exports totalled 482.4 million dollars in 2012. A value that reflects a close to 22% decrease when compared to the consolidated sales in the previous year. According to statistics released by SENASA, exports were somewhat higher than 530.000 tons, 26% below than what was achieved in 2011.
Argentina estimates the loss of income to have reached 135 million dollars because of the poor exports. According to experts and traders the exchange rate lag was a determining factor in this debacle.
However as reported by Agro Valley, prices are reaching new highs in Europe this season and there is hope that the arrival of the southern hemisphere fruit to overseas markets does not alter this positive scenario.
Pears and apples quotations, both in Europe and in Russia, have experienced an average increase of 20% when compared to the previous year.
Most regional companies surveyed say they are increasing their programs compared to the ones they shut down throughout the 2012 season. This certainly creates great expectations for the overseas-destined fruit, which has had it rough for the past three seasons.
“We expect a strong recovery in exports to Europe and Russia this year. Fruit prices in these destinations are really important, we can't miss this opportunity and should take advantage of it ”said a senior Argentine official.
Meanwhile, companies are cutting deals with producers at higher prices than in the previous season. Some say up to 30 cents of a dollar for the pear, the fruit most demanded by exporters.
Suggested Stories
-
May 20th 2013
Brazil opens ports to private investment hoping to ease bottlenecks strangling exports growth
-
May 20th 2013
Brazil trapped by Argentina and Venezuela economic mismanagements
-
May 21st 2013
Argentines expect inflation to average 34.9% in the next twelve months
-
May 21st 2013
Argentina absorbs 93% of beef production, exports tumble behind Paraguay
23 comments Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
Perhaps they should tell the Argentinian government and CFK !
I've a feeling that Dilma would like to see CFK's trade restrictions removed also.
That tells you all you need to know when European consumers can't take a 20% increase in a product that costs maybe 2 euros a pound at best. What's that? 20 cents?
I feel sorry for the nations of Europe, they are in such miserable straights.
You spelt “shit” and “syphilis” perfectly, but succumbed when it came to “sympAthy”.
Thankfully I totally expect that from Europeans. They did export shit and syphilis all over the globe from their continent, and consciously left “sympathy” at port.
Thank you for making my grand point for me.
ps - I'll see if some Mendoza growers can spare some apples and pear boxes and donate them to all of you in Europe. We now know how tough life if there.
Interesting to see a walnut brained Euroracist who reckons that $7 a day living wage of 25% of Rgs is actually better than the European minimum wage of $10 an hour?
Same sort of hyperbolic logic as Tinman and his sad band of inconsequential Eurotwats.
Bet he is off to local branch of a Swiss Bank tomorrow with that suitcase full of $
Out of season, we see NZ, Canadian, Chilean and South African apples in the UK.
I have yet to see Argentinian ones in Tesco, Asda, Morrison or Sainsbury..
Same with pears
Of course, maybe I have just missed them
Your sympathy does you credit. I reciprocate your feelings. It must be demeaning to live in a country who could be one of the most successful because of its natural resources and instead are spiraling down thanks to a totally inept government bent on lining their pockets.
Eh bien mon ami, c'est la vie !
#8 with 7$ in Argentina you can buy bread meat eggs and wine. Almost a table full. Is the wine still 10$ a litre in UK? Lol do the math and see who has it better.
#4 you shouldn't feel sorry, I have much much more feelings for a street dog.
BWT I hope he is lying about living in Canada or at least didn't go to school there. I would hate that our neighbors to the North are that dumb.
people on here with facebook accounts,
should mention this,
Argentina is now a bloody disgrace to the freedom of democracy,
stuff their ap[ples and stuff them.
It is always a safe bet that when it comes to diplomacy or economics Argentina will do exactly the opposite of the right decision.
A classic example of another shot to the foot! How many toes do they have left?
Makes total sense to me.
I wonder if that makes any sense in Argentina?
Saw that; “excess demand”. An Argentine classic. The nation that just keeps on giving.
new·speak (nspk, ny-)
n.
Deliberately ambiguous and contradictory language used to mislead and manipulate the public
are they for real?
www.brecorder.com/markets/commodities/america/105226-argentine-soy-prices-drop-for-second-day-on-cbot.html
and
www.farminguk.com/news/Argentine-drought-threatens-corn-output_24941.html
Seems like an uncooperative weather year for an agrarian economy that asslips kirchner masterfully developed for RRgentina. They she soon be referring to her masses as serf's? lol
I asked my wife who does the shopping, if she has seen any Argentine apples or pears and she said no. She buys fruit by the quality and would buy it from anywhere without prejudice - possibly unlike me.
As to Bio-fuel, I have never used it. For some vehicles engines it can do damage so I avoid using it in my Toyota Avensis T-Spirit 2.0 Diesel.
see the link.
reviews.cnet.com/4520-11303_7-6344788-3.html
Maybe if you are driving a tractor it is OK but I prefer using diesel manufactured locally from North Sea oil or, in the future from crude oil extracted from Falkland's waters by the nice people down there.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!