There were indications of a weakness in the market in the second half of 2022, which has manifested fully in 2023-Q1. Revenues declined quite sharply, in the range of 35%-70% Y/Y.
read more
In memoriam Henk Brinkman
2023-06-09 00:00
On June 7, 2023, Henk Brinkman passed away at the age of 70. Henk Brinkman was a long-time member of the Royal Brinkman company in 's-Gravenzande for many years. As a 4th generation Brinkman and son of Henk Brinkman Senior, he followed in his footsteps and began his career in the Purchasing
read more
read more
Sources claim that the UK Developing Countries Trading Scheme (DCTS) is expected to help Philippine exporters save around 21 million pounds a year in tariffs. The projected savings will be the result of access to duty-free, quota-free trade on 92% of eligible goods under DCTS, which covers 99%
read more
read more
Lamb Weston opens new Innovation Center in Bergen op Zoom
2023-06-09 00:00
Lamb Weston EMEA opened its new Innovation Center in Bergen op Zoom, the Netherlands, on 8 June 2023 in the presence of employees, suppliers and the mayor of the city. This new facility enhances the company’s ability to develop and test new products and processes on a small scale, accelerating
read more
read more
Apple prices reach historic high in Ukraine
2023-06-09 00:00
Apple prices have recently reached their historic high in Ukraine, according to EastFruit.
read more
Euro and dollar’s dominance increased on EU market
2023-06-09 00:00
Goods imported and exported by the EU can be invoiced in a range of currencies. In 2022, the US dollar was the most used currency for extra-EU imports with a share of half (50%) of all extra-EU imports, while the euro accounted for 42%.
read more
Egypt will commence onion and citrus exports to Philippines and Uzbekistan on June 15
2023-06-09 00:00
According to Egyptian Minister of Agriculture and Land Reclamation El Sayed Al Qusseir, the nation will start exporting onions and citrus to the Philippines and Uzbekistan on June 15. Egyptian agriculture exports from January to 24 August this year have amounted to around 4,491,099 tons, El
read more
read more
"China for us is the future"
2023-06-09 00:00
S&F Produce Group is a fresh produce solution provider from Hong Kong. It is a family company, run by the second generation. Founded in 1979 by the Sin family, it has grown into a vertically integrated company that runs more than 300 lines of fresh produce through its import offices to
read more
read more
“Turkish lira was much more valuable than it should have been”
2023-06-09 00:00
The political elections had an impact on the course of the Turkish Lira, says Berdan Ber, of the Türkiye Exporters Assembly. Ber is on the Fresh Vegetables and Fruits Sector Board (dişil) specifically. He feels the value of the Turkish lira wasn’t correctly assessed: “Turkey is a country
read more
read more
"Very pricey" is how the Staay Food Group - Direct Fruit Services' Alex van Ieperen describes the current pear market. "Everything has been working in favor of good pear sales. In hindsight, prices may have started at a too-low level, but we've never had a season that started and ended high
read more
read more
European button mushrooms producers formed a group
2023-06-08 00:00
The GEPC (European mushroom producer group) promotional campaign is starting. With a budget of €5 million - 675,000 of which to be invested in Italy - the aim is to increase consumption in those European areas where there is still scope to do so due to their inhabitants and potential.
read more
If you want to prevent wrinkles, try eating some of these fruits
2023-06-08 00:00
For those who are continually struggling with skin aging, there are some fruits that will aid them, as they increase the skin's collagen, which gives it more firmness. According to dermatologists Enrizza P. Factor and Emmanuel Loucas, blueberries are one of the best suggestions.
read more
Source.ag receives investment, bringing total Series A to $27m
2023-06-08 00:00
Source.ag has completed its Series A extension financing. The additional funding of $4M was split between SK networks, made through its US investment corporation Hico Capital, and existing investor MIT-affiliated E14 fund, bringing the total investment for this round to $27M.
read more
Tesco Ireland ‘marking the millionth’
2023-06-08 00:00
China: Can Yonghui’s hot tech CEO turn the supermarket chain around?
read more
Will there be a future for mature green tomatoes in California?
2023-06-08 00:00
At the moment, California's production of mature green tomatoes is centered in the Coachella Valley, in the very southern part of the state. "The season saw a bit of a late start," says Todd Giardina with family-owned DiMare Company. "May 18 was our first picking day." Given that the season is
read more
read more
While Egypt has totally closed the window for Israel’s 2023 table grape exports, producers and exporters are not worried due to strong local market demand. Israel’s 2023 harvest started early last month with the earliest greenhouse grown grapes being harvested.
read more
Anger and concern after the Cash Investigation news show
2023-06-08 00:00
“This is completely crazy,” explains a French organic producer. “They are killing the organic sector!” Anger is growing among organic producers. On the 6th of June, French television channel France 2 broadcast a new edition of Cash Investigation “Organic Alert” (Alerte sur le bio).
read more
read more
Morocco: kiwifruit imports reach record high in Q1 2023
2023-06-08 00:00
Kiwifruits, with their unique flavor, have been rapidly gaining popularity among Moroccans, and Morocco continues to increase kiwifruit imports, as reported by EastFruit. As a result, nowadays kiwifruits are among the top five fruits imported by Morocco.
read more
Chat GPT creates robot gripper for harvesting tomatoes
2023-06-08 00:00
Poems, essays, and even books – is there anything the open AI platform ChatGPT can't handle? These new AI developments have inspired researchers at TU Delft and the Swiss technical university EPFL to dig a little deeper: For instance, can ChatGPT also design a robot? And is this a good thing
read more
read more
The annual gap in retail prices in Georgia has reduced significantly
2023-06-08 00:00
EastFruit analyst note that consumer price levels drop to the National Bank’s target range in Georgia. After rising fast since 2019, the retail price growth has finally cooled down.
read more