Agronometrics: Dynamics of berry prices in the US market

Published 2024년 3월 12일

Tridge summary

Berries, particularly raspberries, blueberries, blackberries, and strawberries, have seen a surge in popularity in the U.S. due to their health benefits and availability throughout the year. However, recent weather events have impacted their prices. Heavy rains and flooding in California have damaged strawberry fields, causing a price increase. Similarly, the El Niño phenomenon in 2023 led to a significant price hike in Peruvian blueberries.

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

Original content

In recent years, berries have become one of the most valued fruits in the United States. This increase in consumption can be attributed to increased consumer awareness of the health benefits associated with berries, along with their year-round availability, which has boosted domestic demand. Raspberries recorded an average price of $8.87 per kilo over the last 52 weeks, closely followed by blueberries at $8.01 per kilo, blackberries at $7.92 per kilo, and strawberries at $8.01 per kilo. $3.92 dollars per kilo. During 2023, the impact of the El Niño phenomenon especially affected Peruvian blueberries and caused a significant rise in prices to exceed $15 dollars per kilo during weeks 42-44. Although strawberries were the least expensive berry on average last year, they maintain the distinction of being the most consumed and produced product in terms of volume and value within the United States. However, in recent weeks there has been a notable change in the price dynamics of this ...

Source: MXfruit