CATEGORY

Apples

Beroe LiVE.Ai™

AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Apples.

Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

Schedule a Demo

Category Alerts


CATEGORY ALERTS

Input costs impart fear into Polish producers

August 16, 2022
alert level: Low
CATEGORY ALERTS

Apple orchards in the US may face challenges owing to rising inflation and labour shortages

October 11, 2022
alert level: High
CATEGORY ALERTS

In response to growing concerns about increased costs, WAPA presents the first update to its European apple crop projection.

September 14, 2022
alert level: Medium

Become a Beroe LiVE.Ai™ Subscriber to receive proactive alerts on Apples

Apples Market Monitoring Dashboard


Price Trend
1.05
Dec-2022
GBP/Kg
History Forecast
Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Apples Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Apples category is 9.90%

Payment Terms

(in days)

The industry average payment terms in Apples category for the current quarter is 60.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

Meet Abi

The World’s first Digital Market Analyst

    Schedule a Demo
    Meet Abi

    The World’s first Digital Market Analyst

    Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions

    Apples Suppliers


    32,749
    Total Suppliers
    1,184
    Diverse Suppliers
    67
    Normalized Supplier Rating
    Apples Supplier

    Find the right-fit apples supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    29

    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82

    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Apples market frequently asked questions


    As per Beroe’s research study, the global apple yield stood at around 82 metric million tons (MMT) in 2019, a 7.9% decline from the 2018 numbers.

    China will lead the pack in the global yield, as about 6 out of 10 apples are produced from the developing country. While market players are continuously exploring new avenues in the European Union (EU), they are also investing their resources in the US.

    The global apple market is witnessing stiff competition among a few established players in the developed regions. However, a strong foothold of several small-scale players in the emerging countries dilutes the magnitude of competition.

    Apple market players generally procure processed fruits in the form of juices, concentrates, fillings, cuts, and purees. In addition, buyers hold a moderate bargaining power with the processors.

    Beroe’s analysis suggests that processed fruits are immune to any threat from substitutes as suppliers can substitute them with each other as per preferences and cost.

    Challenges new entrants face in the global apple market include: > Volatile profit margins due to high reliance on weather conditions > High upfront costs for large-scale production units > High raw material costs

    Apples market report transcript


    Apples Global Market Outlook:

    Market Growth:

    • Global production: 82.09 MMT
    • Growth (2018 vs. 2019): -7.9 percent
    • Price projection (2018 vs. 2019): -2.79 percent
    • Major producing regions: China (56 percent), EU(16 percent), US (6 percent)
    • Weather sensitivity: Low

    Porter's Analysis on Apples

    Supplier Power

    • Large fruit processors engage in contract farming and ensure a steady supply
    • Premiums/discounts are set based on the yield rates
    • Farmers have an upper hand in negotiations with smaller processors
    • These small processors are prone to high price fluctuation risk

    Barriers to New Entrants

    • High initial capital investment for processing facilities with large production capacities
    • Fluctuating margins, due to dependency on weather conditions
    • Higher cost of raw materials compared to competing larger companies

    Intensity of Rivalry

    • High competition prevails among a few established players in the developed markets
    • Presence of large number of small-scale players in the developing countries dilutes the intensity of rivalry
    • Cost of production largely depends on raw material prices and large processors minimize price fluctuation through contract farming

    Threat of Substitutes

    • Processed fruits do not face any threat from substitutes
    • Fruit varieties could be substituted by each other based on cost and preferences

    Buyer Power

    • Processed fruits are generally procured in the form of concentrates, juices, cuts, fillings, purees, etc.
    • Raw fruit cost is responsible for 70–75 percent of production cost and determine the prices of processed products
    • Category managers keep a track of raw fruit industry in the growing regions
    • Buyers hold a moderate bargaining power with processors