Chile: Blueberry campaign closed positively due to higher prices

Published 2024년 6월 17일

Tridge summary

Despite a 23% drop in volume, Peru's blueberry export campaign saw a 29% increase in value, reaching US$ 1,880 million, due to a 68% increase in average global price. High temperatures and water stress in Peru and other competitors led to reduced production, but diversification of markets helped mitigate the impact. The 2024-2025 campaign is projected to see a significant recovery, with export projections near 300 thousand tons, thanks to a more stable climate and new crop fields. However, the market faces threats from increased global supply and competitors like Mexico and Chile. Despite these threats, the United States remains Peru's main market, and projections suggest that Peru could achieve record income with exports estimated to be worth up to US$ 1.99 billion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the 23% drop in exported volume, the campaign closed with a 29% increase in the total exported value, reaching US$ 1,880 million. According to the Fresh Fruit portal, the increase was largely due to a 68% increase in the average price of Peruvian blueberries in the global market, a result of the global shortage of the product. Despite the 23% drop in exported volume, the campaign closed with a 29% increase in the total exported value, reaching US$ 1,880 million. From May 2023 to April 2024, the blueberry industry dealt with high temperatures and water stress in a scenario that was not exclusive to Peru, but also to other direct competitors such as Mexico, Chile and the United States, as they also saw their production reduced. . The low production of other countries allowed Peruvian exporters to partially compensate for the decrease in their volumes. Meanwhile, the diversification of markets towards destinations such as Israel, Jordan and the United Arab Emirates also ...

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