pears import

Russia Consolidates its Position as the Main Destination for Argentine Pears

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Argentine pear and apple exports experienced a significant increase during the first quarter of 2020, as they grew by 30% and 22% respectively, according to data published by the Nation’s Ministry of Agriculture, Livestock, and Fisheries.

In this period, Russia established itself as the main destination for pears after it imported between January and March more than half of the 81,031 MT it imported throughout all of 2019. As reported by the Ministry in a statement, “shipments of pears to that destination reached 44,867 MT and were worth more than 31 million dollars; which places Russia as the main market for Argentine pears, concentrating 30% of exports.”

Meanwhile, apple exports stood at 3,245 MT of apples worth more than $2 million, i.e. 22% higher than in the same period in 2019.

The Ministry also highlighted that Argentine fruits were benefiting from a 25% tariff reduction granted by the Eurasian Economic Union (UEE), which is formed by the Russian Federation, the Republics of Armenia, Belarus, Kazakhstan, and Kyrgyzstan.

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Rising Price of Imported Pears in Russia

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In winter, imported products traditionally prevail in the pear market in Russia, reported EastFruit project analysts. The main countries supplying pears during this period are Argentina, Belgium and the Netherlands. At the same time, it is worth noting that prices for imported pears have always been significantly higher than for domestic products. And today, prices for imported pears continue to rise.

According to market operators, the main reason for the fairly high prices in this segment is the growing demand for these fruits and the low yield of pears in most EU countries and the countries of the Southern Hemisphere this season.

On the Russian market, imported pears are consequently sold for 114-150 rubles / kg ($1.74-2.29/kg), which is on average 14% more expensive than at the end of the previous working week.

According to market participants, several factors explain the price increase. Firstly, the supply in the countries that traditionally deliver these products to the Russian market during the winter is already running out, and therefore it can be difficult to acquire the volumes needed. Secondly, fluctuations in exchange rates continue to have an impact.

It is worth noting that at the moment, imported pears in Russia are already on average 15% more expensive than at the end of February last year. This price increase does not please the suppliers of imported products, since the consumption of pears in Russia will fall rapidly as they rise in price. Importers believe that further appreciation of these fruits may lead to a sharp drop in the volume of pear imports to Russia.

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