The impact of the Peruvian table grape season on prices in the United States

Published 2024년 4월 17일

Tridge summary

The Peruvian Table Grape Producers Association (PROVID) has reported a 12% decrease in grape exports from Peru, with a total of 62,745,826 million boxes shipped between July 2023 and April 2024, primarily due to extreme weather conditions affecting both Peru and California. Despite this decline, the United States remained the largest market, absorbing 46% of the exports with Sweet Globe being the most popular variety. This season saw a significant increase in the price per pound of seedless grapes in the US by 36%, alongside a reduction in promotional activities. However, the market has responded positively to a shift towards higher quality grapes with better edibility, indicating a potential rise in demand for such products in the short term. Gabriel Noboa from Agrícola Don Ricardo views the season as an opportunity to learn and adapt, emphasizing the importance of sustainable practices in the face of changing market dynamics.

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

Original content

The latest report from the Peruvian Table Grape Producers Association (PROVID) shows that the country exported 62,745,826 million boxes between July 2023 and April 2024. The volume represents a 12% drop compared to the 2022 season. -2023, when shipments totaled 71,404,349 million boxes. The United States remained the main market for Peruvian table grapes, with 46% and a little more than 29 million boxes. Sweet Globe led as an exported variety, with 23% of the total volume, with almost 15 million 8.2kg boxes. The drop in Peru's volumes is partly explained by the extreme weather conditions in the main producing regions, a drop that not only affected the country as an exporter, but also had an impact on fruit prices in the US market. The decline in Peru, as well as that of California - which reported 77,110,157 million boxes, 19% less than last year - affected producers and consumers. The fall of the South American country continued a complicated season for the West Coast state of ...

Source: MXfruit