Agronometrics: Peruvian blueberry exports rebound in week 35

Published Sep 12, 2024

Tridge summary

In 2024, the global blueberry industry has faced challenges due to reduced exports from Peru, caused by weather issues and drought following the 2023 El Niño phenomenon. However, exports have started to recover in week 35, with a peak projected for weeks 43 to 46. The 2024-25 export projections from Proarándanos are 293,841 tons, a 27.67% increase from the previous year. Despite the recovery, USD/kg prices continue to rise, though they are not expected to reach the levels of 2023, which were inflated by the significant drop in exports that year.

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

Original content

So far in 2024, the global industry has experienced increasing uncertainty due to slowing export volumes from Peru. Since the impact of the El Niño phenomenon in 2023, current weather problems and drought in the north of the country have contributed to export volumes not exceeding last year's levels until week 34, resulting in a weak season. However, week 35 marked a turning point in this trend, indicating the start of a recovery for the 2024 season. A change in the export curve is expected, with peak volumes projected for weeks 43 to 46. This marks a significant recovery from the previous season and the start of the season, and suggests that export volumes are aligning with the projections made by Proarándanos for the 2024-25 campaign, which stand at 293,841 tons, an increase of 27.67% compared to the 2023 export of 230,153 tons of fresh blueberries. It is also important to highlight that prices in USD/kg have remained high and ...

Source: MXfruit