Spanish Grape Prices Declined up to 20% WoW in W29 Due to Increased Supply

In the first weeks of the Spanish grape campaign, with exports about to start, grape prices are being negatively affected by the progressive increase in the quantities available while other origins, such as Egypt, still have a presence in some European markets. During W29, grape prices in the Spanish wholesale market fell by almost 20% week-on-week (WoW) in W29 from USD 3.65/kg EXW to USD 3.05/kg for white seedless grapes. Red/black seedless experienced about a 12% WoW drop, from USD 3.87/kg EXW to USD 3.32/kg During W29.