2023-2024 season: Chilean seeds close a challenging season, but achieve export records in values and volume

Published Jul 5, 2024

Tridge summary

The Chilean Fruit Stone Committee reports a challenging 2023-2024 season for Chilean fruit seeds, but achieves historical highs in export volumes and FOB values. The main market, China, saw a 25% increase in shipments but only a 5% growth in FOB values, while the US saw a significant growth in FOB values despite a 1% decrease in volume. The industry is recovering, with record shipments and growth in FOB values. However, there are challenges, especially in China, and efforts are being made to improve. Chile's seed exports are a global reference and hold the second place globally in FOB values from 2014 to 2023.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to information provided by the Chilean Fruit Stone Committee, this 2023-2024 season has turned out to be very challenging for Chilean fruit seeds, with mixed results by market. The main milestone, without a doubt, is that historical highs were reached in terms of exported volumes and FOB values of the entire stone category, which includes Japanese plums, European plums (Sugar Plums), nectarines, peaches and apricots. Furthermore, the main market, China (56% share of total exports to the world), presented challenging results, because although it grew in shipments by 25%, it only achieved 5% growth in FOB values, compared to the US ( 19% share of total exports) that grew significantly in FOB values (+20%), despite decreasing -1% in volume. In this regard, the president of Frutas de Chile, Iván Marambio, highlighted: “This season our shipments of fresh pits are marking an important milestone, after closing with a record of 36.5 million boxes sent to the world, ...

Source: Portaldelcampo