News

The average price of Peruvian grapes in the 2023/24 season has risen sharply and exports to China have decreased by 20%

Fresh Grape
Fruits
Peru
Sustainability & Environmental Impact
Market & Price Trends
Published Apr 24, 2024

Tridge summary

In the 2023/24 season, the El Niño phenomenon had a significant impact on Peru's grape production and exports, leading to a 13% decrease in export volume to 516,185 tons, despite a 6% increase in export value to US$1.554 billion. The average price per kilogram of grapes rose by 23% to US$3.01, with the northern regions of Piura and Libertad experiencing the most severe drops in production, nearly 30%, due to high temperatures. Conversely, central and southern regions like Lima and Ica saw a 6% increase in exports. The early harvest, aimed at mitigating weather-related losses, resulted in a premature start to the export season. The United States, the Netherlands, and China were the top export destinations, with 61% of the fruit and vegetable exports to China going through Hong Kong, highlighting its role as a major gateway for products entering the Chinese market. This information, sourced from the 2024 International Fruit and Vegetable Report, underscores the complex impact of early harvests, regional production variances, and global market dynamics on Peru's grape export industry.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Peruvian media Agraria.pe, Peru was affected by the El Niño phenomenon for most of 2023, and grape production and exports were severely affected. The total export volume of Peruvian grapes in the 2023/24 production season was 516,185 tons, a decrease of 13% from the previous season; the export value was US$1.554 billion, 6% higher than the previous season, and the average price was US$3.01 per kilogram, a year-on-year increase of 23%. Peruvian grapes were supposed to be harvested at the end of August, but farmers tried to reduce weather losses by harvesting early, which resulted in As much production as possible is used for sales. The harvest ended at the end of November, 30 days earlier than originally planned. 375,000 boxes of the 635,000 boxes originally planned to be harvested were harvested at this time. Compared with the previous season, Peruvian grape production in the 2023/24 season fell by 13%, but the decline in production varied from place to place. The ...
Source: Guojiguoshu
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