HomeNewsTradeCoronavirus pandemic | Fruit exports likely to be hit due to virus contagion: Expert

Coronavirus pandemic | Fruit exports likely to be hit due to virus contagion: Expert

Exports of fruits, including Alphonso mango, grapes and pomegranates, will be hit badly this year following the breakdown of supply chain and lack of demand as the world is grappling with an economic slowdown due to the COVID-19 pandemic

April 02, 2020 / 20:11 IST
Representative Image

Exports of fruits, including Alphonso mango, grapes and pomegranates, will be hit badly this year following the breakdown of supply chain and lack of demand as the world is grappling with an economic slowdown due to the COVID-19 pandemic, an exporter said.

The supply to local wholesale markets is normal and on Thursday 100 trucks carrying Alphonso mango arrived at the Vashi market, APMC director Sanjay Pansare said.

"There is a normal supply of fruits and vegetables to the wholesale market here," he said.

“The export of Alphonso mango has already begun to Europe and the Middle Eastern countries. However, we are expecting exports to be badly hit and there will be weak demand. During this kind of scenario people usually give preference to essential commodities and imported fruits are considered a luxury,” Pansare opined.

He said even here at the APMC Vashi, there are very few takers for fruits especially for Alphonso which is usually a high demand fruit.

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

Meanwhile, fruit exporter and importer INI Farms Managing Director Pankaj Khandelwal said the company has shipment orders but due to disruption of the supply chain, exporters are not able to ship.

He also said going forward, there is likely to be a slowdown in demand as many nations are witnessing economic slowdown due to the pandemic.

Following the rapid spread of the COVID-19 pandemic, 19, there was nearly a two-week stoppage of exports of fruits, vegetables and perishable items, he added.

Exports of grapes, Alphonso mango, pomegranate and to some extent bananas are likely to be hit as their peak shipping season is from December to late April, he added.

PTI
first published: Apr 2, 2020 08:10 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347