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0.57% SILVER 59.00 ▼ 1.36% SOY 1,196 ▼ 0.06% CORN 465.50 ▲ 6.28% WHEAT 637.50 ▲ 0.87% COFFEE 331.85 ▼ 3.25% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,596 ▼ 5.46% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 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Argentina Business - Brazil

Argentina analyzes blueberry opportunities in the Middle East

By · October 7, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – For the last two months, the Argentine Blueberry Committee (ABC) has been organizing together with the Argentine Foreign Ministry and its representations abroad a series of business rounds between local exporters and importers from different countries in the Middle East.

They affirmed that in two months, the Argentine Blueberry Committee, together with the Foreign Ministry, planned five business rounds, an incredible intensity for the “presentiality”. New operations to Saudi Arabia and the United Arab Emirates, among other new markets, are being carried out.

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These rounds will soon be joined by business contacts with buyers from Brazil and the United States. And a round for Southeast Asian countries is being planned.

The new communication modalities opened a critical opportunity for Argentine blueberry exporters: the possibility of reaching non-traditional markets that would have been more complex to reach without virtual platforms due to the characteristics of the market itself and the cultural features of the importers, they remarked.

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According to the Argentine representation abroad, one of the characteristics of Arab countries is that they seek to do business in the long term; they do not want one-off operations but consistent links over time (Photo internet reproduction)
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In the case of the rounds in the Middle East, producers from the Argentine Chamber of Integrated Cherry Producers (CAPCI) also participated, which will be added to the rounds with Brazil. The NEA citrus producers from CECNEA will also participate.

The search for new non-traditional markets is not whimsical -the ABC explained-, but is in line with the positioning strategy that the sector has been defining for some years: to reach markets that exclusively value triple impact production: flavor, quality, and sustainability. In this sense, they indicated that the Middle East and its culture and economy contain a well-defined Premium consumer market.

MIDDLE EAST

Carla Ginóbili, manager of ABC and responsible for coordinating the meetings, said that for this first virtual experience, countries were chosen where the market for Argentine blueberries was already open but not yet explored by exporters, “markets that are not typical but are starting with a developing demand with sectors of society with high purchasing power that have the potential to buy blueberries. These are niches that Argentina wants to target with its flavor and quality product.”

2021 is the first year of virtual rounds, and they have already taken place with the Kingdom of Saudi Arabia, the United Arab Emirates, and Qatar. Others are being prepared with the United States, Brazil, and Southeast Asian countries.

Regarding the role of the State in the management, Ginóbili explained that “the organic and official contact with the State is something highly valued by importers, especially in Arab countries, because they feel supported by the fact that it is the government that is backing the activity.”

According to the Argentine representation abroad, another of the characteristics of Arab countries is that they seek to do business in the long term, they do not want one-off operations but consistent links over time.

Regarding the quality of the fruit, they value the sweet flavor and recognize that Argentina is in a latitude where you can get that sweetness in blueberries. They highly value the social and agricultural certifications, “for them, it is a guarantee,” they assured.

MARKETS

The potential market of the blueberry sector in the countries under the jurisdiction of the Embassy to the Kingdom of Saudi Arabia (which includes the Kingdom of Bahrain, Oman, and Yemen) is estimated at around 15 million dollars per year, with exports from Argentina still marginal.

As for the Arab Emirates, importers are very selective with exporters, they know in general, all the characteristics of the fruit and meetings have to be very expeditious. There is a very high purchasing power in that country and a gastronomic route where Premium products are highly sought after. It is a vast and very competitive market, “that is why the Embassy’s participation is key because otherwise, it is tough for customers to access such premium markets,” they said.

On the other hand, Qatar is a small market, and what they are looking for is quality above all.

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