Grapefruit Market Dynamics
Grapefruit prices saw an increasing trend from 2015 to 2018, after which it recorded a decrease in 2019 to an average price of just above USD 8.00 per 15kg carton for 2020 and 2021 (see Figure 4.6).
African grapefruits are China (30%) and the EU(25%) and Japan(14%). Time in the market is however crucial from a returns perspective. This year, the severe flooding in Durban and rain in the Northern provinces delayed the grapefruit marketing season, which resulted in lower prices and pressure on returns for products marketed during the 2022 season.
Since 2019
Market analysts report that grapefruit consumption is on a decreasing trend and between 2021 and 2022 global grapefruit volumes produced stabilised at 437 000 tonnes. The main destinations for South grapefruit prices decreased
Flooding affected exports of grapefruits in
2022
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