World: The market for frozen raspberries has the lowest price

Published 2024년 2월 15일

Tridge summary

Serbian frozen raspberry exports have hit a four-year low, with revenues dropping to $300-310 million, marking a loss of a third of the income from the current supply. This follows a 42% decrease in profits for Serbian raspberry growers in 2021, reaching a record low of $523 million. Similar declines in raspberry export revenues have been observed in Poland and Ukraine. The downturn is attributed to the market's traditional price cyclicality, but an increase in both purchasing and average export prices for raspberries is anticipated before 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The process can be found in EastFruit. Thus, exports of frozen raspberries from Serbia fell to their lowest level in the last 4 years. The revenue of exporters of Serbian frozen raspberries decreased to $300-310 million, which indicates the loss of a third of the income from the current supply of this berry. As for 2021, the profits of Serbian raspberry growers fell by 42% to a record $523 million. Poland and Ukraine also sharply reduced revenue from raspberry exports. And while exports from Poland fell faster and lower from Serbia, exports from Ukraine fell even more. Under this, Ukraine was one of the three largest exporters, who increased their exports. “The decline in raspberry export revenue was due to the traditional price cyclicality of this market. In 2022 and 2023, the “bottom” of the price cycle for frozen raspberries has fallen, and even before 2024, it is possible to detect an increase in both purchasing prices for this berry and average export prices for raspberries,” ...

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