Peruvian blueberry prices on the world market are lower despite the 28% increase in exports

Published 2022년 11월 24일

Tridge summary

Peru has experienced a surge in blueberry exports, reaching 217,000 tons across 33 markets, an 11% increase from the previous season, with a particular rise in shipments to the United States, Europe, and China. Despite this growth, the average FOB price has dropped to $5.47 per kilo from $5.85 last season due to rising production costs and the impact of the Ukraine conflict. High ocean freight costs, which have yet to recover from pandemic highs, have further reduced producers' margins. The slowdown in blueberry planting area expansion and the adoption of more productive varieties are anticipated to contribute to future growth in the sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) Despite the fact that Peru exports 28% more blueberries to world markets, average prices have been lower compared to last year. The country reached 33 markets with 217,000 tons of blueberries exported until the end of last week (week 46), says Luis Miguel Vegas, general director of Proarándanos. "We ship 52% more to the United States, 31% more to Europe, 14% more to China and 2% more to other destinations compared to the previous season." The war in Ukraine, as well as the high costs of inputs, are reducing the margins of blueberry growers in Peru, says Miguel Vegas. Proarándanos is the Association of Producers and Exporters of Blueberries of Peru. "This season the average FOB price has been US$5.47 per kilo, last season it was US$5.85. On the one hand, prices are lower than in the previous season. In Europe, the consequences of the war had an on sales On the other side of production, costs have continued to rise. "As 99% of Peru's fruit is shipped by ship, that has a ...
Source: Agraria

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