World: Blueberries will be expensive for at least another year and a half; good news for Ukraine and Georgia

Published 2023년 11월 30일

Tridge summary

Blueberry prices are expected to remain high until the end of the current season due to a sharp reduction in production and export from Peru. The high demand for blueberries is also keeping prices elevated, even as export volumes from Peru begin to recover. However, the long-term impact of high prices on consumption and production expansion remains uncertain, with some experts expressing concerns about a potential negative effect on consumption and a subsequent collapse in prices. Additionally, Ukraine and Georgia are seeing growth in their blueberry export markets, with frozen blueberries becoming an increasingly important segment.

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

Original content

According to EastFruit analysts, on the sidelines of the World Berry Congress, held in the Netherlands on November 28, 2023, the prospects for blueberry pricing were actively discussed, given the unprecedentedly high level of prices for the berry this season. Let us recall that the main reason for high prices for blueberries was a sharp reduction in the production and export of blueberries from Peru due to unfavorable weather conditions during the flowering of the berry. According to the majority of congress participants, high prices for blueberries will most likely continue at least until the end of the current season. Moreover, many believe that next season it will not be possible to return prices to the level of the 2022/23 season, although in the longer term price trends may recover. Currently, despite the fact that blueberry export volumes from Peru have begun to recover, prices for the berry are not falling because demand remains high. Traders believe that blueberry prices ...

Source: Eastfruit