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Andrew Ciclitira

Andrew Ciclitira writes for IEG Vu on the dried fruits markets. He is the the Managing Director of Demos Ciclitira, one of the leading UK importers and distributors of dried fruits.
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Unseasonal rain and currency woes mar start to new dried fruit season

The news of the week continues to centre around the collapse in the value of the Turkish lira against the US dollar. This should have a major effect on the selling price of Turkish dried fruits but recent news of heavy rain in the fig and sultana growing areas has helped to firm prices locally.

Figs Dried Vine Fruit

Currency changes provide UK dried fruit market with buying opportunities

The collapse in the value of the Turkish lira against the US dollar continues to benefit the UK dried fruit industry which remains the largest export customer for Turkish dried vine fruits.

Dried Vine Fruit Figs

Slightly weaker European demand for Turkish dried vine fruit

Early reports continue to suggest that despite the extra hot weather in the Mediterranean region everything is going to plan for the new season Turkish and Greek dried fruit crops. The harvest for Turkish sultanas and raisins should begin in approximately two weeks and the critical period as ever is when the fresh grapes are cut and are in the open drying.

Dried Vine Fruit Greece

Sterling weakness causes concern for the UK dried fruit market

The sudden weakness in the value of sterling against the US dollar and the euro has alarmed the UK dried fruit market. Virtually all purchases of dried fruits are made in US dollars so a major movement in the value of sterling has an immediate impact on the cost of dried fruits.

Dried Apricots Dried Vine Fruit

Ongoing concerns over global Thompson seedless raisins shortage

Although weather conditions throughout the Mediterranean are almost perfect for the production of dried fruits, concern continues over the total availability of this year’s Turkish vine fruit crop and potential shortages from other origins, particularly California, in the months ahead.

Greece Turkey

UK remains Turkey’s principal export customer for dried vine fruit

The UK heatwave has inevitably reduced retail demand for dried fruits, as although dried fruit sales are no longer seasonal, peaks in demand continue around the Christmas and Easter holiday periods.

Dried Vine Fruit Turkey
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