What should the Chilean cherry do to maintain economic advances from China?

Fresh Sweet Cherry
Market & Price Trends
Published Feb 27, 2024

Tridge summary

The 2023-2024 Chilean cherry season in China was successful despite initial concerns, with Copefrut seeing a 6.8% increase in production volume. However, weather conditions affected the Royal Dawn and Santina cherry varieties, impacting volume and fruit condition. Despite these challenges, the market reaction was positive, with high prices for the affected varieties. The demand for cherries in China remains high, with consumers willing to pay premium prices. A drop in early variety volumes led to a market shortage, pushing prices for Chilean cherries up. The growth in production volume is attributed to popular varieties like Lapins, Regina, and Santina, and an increase in hectares compared to the previous year.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Chilean cherry industry in China is already beginning to experience the final stretch and it is time to begin the analysis of the 2023-2024 season. In this context, we spoke with Sebastián García, Category Manager of cherries and kiwi at Copefrut, a company that achieved a growth of 6.8% in production volume. Garcia said overall it was an excellent season. “Although at first there were many doubts about the volume and there was an expectation of enormous growth, close to 30% over last season," said García. "That was finally corrected and expectations were much lower. I think they were all very pessimistic the first few days.” Based on the pulse of the first weeks, he commented that confusion was generated due to the drop in volume. “Where everyone was declaring a volume drop of 20 to 30%, I think they were referring to the winter estimate," García said. "But many took it as a drop compared to the previous season. At least that's how most of the Chinese we had to talk to felt. ...
Source: MXfruit
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