Chile: Goodvalley, betting on diversifying its dried plum products and the benefits that India will bring in the medium term

Published 2024년 5월 16일

Tridge summary

Chile is the leading global exporter of dried plums, with sales of approximately 75,000 tons annually to 77 countries across five continents. The industry has seen high international prices due to reduced production in California, France, and Argentina, coupled with increased Chinese demand. However, these high prices may not be sustainable, and prices are expected to return to pre-boom levels. Despite this, the industry remains optimistic with promising medium-term prospects, particularly in China and India. Goodvalley, an associated company of Chileprunes, projects to process 6,000 tons of dehydrated plums into 5,000 tons for export to over 25 countries. The company is also investing in the diversification of its production to include nectars, juices, concentrates, and other raw materials, and has expanded its fruit storage capacity.

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

Original content

Chilean dried plums experienced two years of very good international prices - with some records in 2022 - as a result of the decline in production in California, France and Argentina, given weather phenomena, as well as an increase in Chinese demand. Now, in 2024, we have tried to maintain the good prices of recent years, but that will undoubtedly be difficult to maintain and we are already returning to the prices we had prior to this boom, indicates Bruno Ceroni, manager. commercial of Goodvalley, an associated company of Chileprunes. However, he says, medium-term expectations remain promising for this industry. On the one hand, there is China, always demanding dehydrated and fresh products, although there is significant competition with Uzbekistan, which generated shipments to that country, very similar to those of Chile, around 20 thousand tons. In 2023, Chile exported 18.2 thousand tons to the Asian giant. Another market that looks very positive for Chile in the near future is ...

Source: CLportalagro