Mexican Grape Prices Weaken Towards Year-End

Red globe grape (first quality) has shown a price drop of -31.83% YoY which makes the market sell this fresh grape at a lower value amounting to 2.33 USD/KG. Meanwhile, seedless grapes also decreased by -12.6% YoY and are now only worth 3.59 USD/KG in the second week of December 2021. It is suspected that the price decline occurs because consumers prefer a more diverse choice of major importers.