Peru: The price of blueberries falls approximately 10% so far in this campaign

Published Oct 27, 2022

Tridge summary

The average price of blueberries at the port of shipment fell by 10% this year compared to the previous year, from US$5.73 to US$5.16 per kilogram. This decline is due to increased exports from Peru and new supply from Mexico. The United Kingdom and Europe have seen the biggest drop in price. However, despite the price drop, global blueberry exports are expected to exceed one million tons from 2025/26, with Peru, Mexico, and South Africa showing sustained growth. Peru's blueberry union aims to open 12 new export markets and has recently started exporting to Portugal, Israel, and Jordan.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Between June and October 25, the average price of blueberries at the port of shipment was US$5.16 per kilogram, while in the same period of the 2021/2022 campaign it was US$5.73 per kilogram, which which implied a drop of 10%. This decline is part of a trend in recent years. Analysts point out that it is due to the strong volume of exports from Peru, in addition to the new Mexican supply. The biggest drop in the price of the blue berry comes from the United Kingdom market, which in the same period of the 2021/2022 campaign sold an average of US$6.29 per kilogram, but in the current campaign it fell to US$4.96 per kilogram. Similarly, in Europe the value is today at US$5.03, when in the previous campaign it was US$5.65, according to data released by the consulting firm Fresh Fruit. This price decline is part of a trend in recent years. In the 2018/2019 campaign, the kilo of fruit corresponded to US$7.68 on average, but for the 2019/2020 campaign it fell to US$6.48 and for 2020/2021 ...
Source: Redagricola

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