Peru: Europe is willing to pay high prices but exporters are having trouble getting enough fruit

Published 2024년 11월 25일

Tridge summary

The article highlights the challenges faced by the grape market as the first shipments from Peru to the EU and UK arrived in October, with an increase in demand due to the end of the southern hemisphere grape season and limited supply from Brazil. Peruvian grape producers are struggling with their own weather-related issues, including droughts, and a container shortage has led to higher prices and space constraints for exporters. Despite these challenges, demand in Europe remains high, and the market is expected to remain short in supply until Namibia and South Africa enter the market in late December, assuming they do not experience similar issues.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) The first major arrivals of grapes from Peru to the European Union (EU) and the United Kingdom occurred in early October, with steady growth each week. The market is almost empty, as weather conditions brought forward the end of the hemisphere season. "The weather is becoming more unstable and is no longer a one-off thing. There are more and more problems around the world affecting all products and grapes have not been spared this year," says Rob Cullum of Pacific Produce. "Peru has the capacity to produce grapes during most months of the year, but the tendency in the Piura region has been to increase volume later to adjust to North American and Asian demand, leaving Europe to consume local crops from Greece, Spain and Italy during the autumn. Brazil, which is the other southern hemisphere producer in this window, has had bad weather and good local markets, limiting its ability to supply the missing volume, so demand from Peru is now intense to try to close the gap ...
Source: Agraria

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