Amid container shortages and port congestion, Peru achieves its best grape campaign ever

The Peruvian grape season for 2023-2024 saw record exports, with a significant increase in both volume and value compared to the previous year, despite facing challenges such as rainfall, water shortages, and logistical issues. The country exported nearly 700,000 tons, generating almost US$2 billion, marking a high point in Peruvian grape export history. The United States and Europe were the primary markets, receiving 400,000 tons and 166,000 tons, respectively. Despite the increased volume, the price drop did not exceed 5%, indicating a positive trend for the market. However, the grape harvest faced challenges like rain in the south, water shortages in the north, and logistical pressures due to the coincidental grape, mango, and blueberry campaigns. The opening of the Chancay port is anticipated to enhance Peruvian grape exports to Asia by reducing transit times. The quality of Peruvian grapes could be a key factor in competing in the European market, where South Africa and Namibia are significant competitors.