News

After a bad year in Peru, 2024 looks promising for the mandarin

Fresh Mandarin
Fruits
Peru
Market & Price Trends
Published Apr 7, 2024

Tridge summary

The global demand for mandarin oranges has significantly increased post-COVID-19, with Peru becoming a notable competitor in the market despite its initial lack of premium varieties. The year 2023 has presented challenges, notably adverse weather conditions leading to a substantial decrease in mandarin production and exports from Peru, particularly affecting late mandarin varieties more severely. Despite these setbacks, there is optimism for the next season, buoyed by predictions of favorable weather and high-quality crop yields. Additionally, a shift in export dynamics has been observed, with Europe becoming a more attractive market for Peruvian mandarins over the United States, driven by Europe's earlier and more pronounced supply shortages.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the COVID-19 pandemic, global demand for mandarin oranges has been on the rise. However, competition from suppliers of this product has remained just as active. There are large producers on most continents and not only are they in a constant struggle for volumes and prices, but quality is increasingly gaining importance and, with this, migration towards premium varieties increases. Peru has remained a relentless competitor in the main destinations of the world. However, the quality of the Peruvian mandarin still did not stand out from the most direct competitors. This was especially due to the lack of premium varieties in the country. But in recent years this has been changing. With the increasing appreciation of this fruit, new companies are betting on high-quality patented varieties. 2023 has been an extremely challenging year; The strong meteorological phenomena that have been devastating the planet have caused various productive crises. The global supply has been ...
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