Prices for apples are growing for the first time in 4 years

The average price for apples in Russia is increasing for the first time in the last 4 seasons.

In 2010, the prices for apples in Russia became decreasing, especially in 2012 after the country became a member of the WTO. In the season 2010/11 the average wholesale price for apples in Russia was $1.43/kg. In the season 2012/13 the price decreased by 25%, and in 2013/14 it was $0.89/kg.

The main reason for the decline of prices was imported apples, duties on which Russia constantly reduced in accordance with WTO requirements. Half of the total imports accounted for Poland. Domestic production did not influence prices a lot, as the total market share of the local apples in Russia did not exceed 20%.

The reason of price growth is the Russia’s ban on apples from the EU and Moldova. Analysts say that the price growth will depend on the possibility of re-export of Moldovan and Polish apples to Russia through the countries, which are not subject to the ban.

www.fruit-inform.com

Supplies of apples from China and Serbia may increase

China and Serbia can become the biggest apples suppliers to Russia this season. According to analysts, Russia imports up to 35% of apples from Serbia, the share of China is about 33%. The large volume of imports is also expected from Belarus, but it will be mainly European re-exported apples and apples from Moldova.

In the 2013/14 Russia imported almost half of the apple from Poland, meanwhile the share of Serbia and China accounted for 9 and 8% respectively.

www.fruit-inform.com