Peru redirects a large part of its grape exports to the US

Published 2022년 12월 12일

Tridge summary

Peruvian grape exports to the US have seen a significant increase due to economic challenges in Europe and the UK, with the US dollar being relatively stronger and Europe facing inflation and the impact of the Ukraine war. This has led to a decrease in shipments to Europe and the UK, resulting in a 35% increase in shipments to the US. Peru is also experimenting with new patented grape varieties, with Sweet Globe accounting for 20% of this season's exports. The price of Peruvian grapes is being increased to $30-32 per pound, compared to $20-22 for Californian grapes, raising questions about consumer willingness to pay higher prices. The grape market is expected to expand with the entry of Chile and South Africa in January.

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Original content

The economic difficulties in the European market is one of the reasons for the increase in containers to the US Likewise, the bet is to continue exporting the new patented varieties. redagricultural team For the current season, the presence of Peruvian grapes is expected to increase in the United States, something that is evident when seeing the disproportionate increase in shipments already made to that country. This was stated by Mark Greenberg, from the company Capespan North America to the FreshPlaza portal. In this sense, he points out that there has been a decrease in shipments to Europe and the United Kingdom and much more fruit is being sent to North America. "Cargoes to the US are up more than 35% compared to last year, while cargoes to Europe and the UK are down almost 20%," he says. According to Greenberg, the reason why more grapes are shipped from Peru to the US market is explained because "the US dollar is relatively stronger compared to European currencies and ...

Source: Redagricola