Imports of Apple during April- December 2021 increased by nearly two times than the previous fiscal year. There were many obstacles like covid related restrictions on goods movement, increased import duty on Washington apples, but still the imports went up. What may be the reason?
- In this pandemic situation, people are looking to eat healthy and apples are good choice for many.
- Increased demand for apples in India and high freight cost for the imports from US forced the importers to look into new markets and thus Iran and Turkey came in to meet the demand.
- Both Iran and Turkey are nearby markets which means less freight cost(which is a good thing for importers).
- This has shown the importers potential of new markets and they are now replacing many distant countries like US and Australia with countries like Egypt, Iran, Turkey from where they can import at low cost.
- Covid has shown people the importance of staying healthy. So the need for good quality fruits are going to increase further.
These news are collected from various sources on internet and put together for our readers.
