Global peach production and trade volume both increased, China's production increased, and the United States fell to a low
Market & Price Trends
Published Nov 9, 2023
Global fresh peach and nectarine production is set to increase by 827,000 tons this year, driven by China and the European Union. China's production is expected to reach 17.5 million tons, accounting for 70% of the global market. However, the United States is experiencing a decline in production due to abnormal weather, with the lowest output in 40 years. Overall, the EU's production is recovering, Turkey's exports are increasing, while Chile remains a significant exporter and Russia is the top importer.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
China plays an important role in the global supply and demand of peaches and nectarines, not only producing and exporting but also consuming the vast majority of output. Although northern provinces have suffered from low temperatures and snow this year, better growing conditions in southern provinces have made up for it. The unfavorable factors in the north have been eliminated. The increase in unit output has also offset the impact of the reduction in planting area. This year, China's peach and nectarine production is expected to increase by 500,000 tons, reaching 17.5 million tons, reaching 70% of the total global market production. However, There are also many farmers who have switched from peaches to cherries due to the impact of yields. In addition, in order to avoid the management of non-grain land, the cultivated area of the two types of fruits may be further reduced in the future. This year, China’s exports of peaches and nectarines may basically remain at The level of ...