Weekly Product Updates

W43: Grape Update

Fresh Grape
Peru
Published Nov 3, 2023
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In W43 in the grape landscape, the Chilean Fruit Exporters Association’s (ASOEX) Table Grape Committee released its first estimate of Chilean table grape exports for the upcoming 2023/24 season. According to the estimate, Chile will export around 63.78 million 8.2 kilogram (kg) boxes in the 2022/23 marketing year (MY), resulting in a 5.4% year-on-year(YoY)increase. This growth is mainly attributed to the rising production of new varieties. The export for the new varieties is predicted to be 40 million boxes, accounting for 62.7% of the total exports in this season. The goal for the next two years is for new variety exports to account for 70% of total shipments. On the other hand, traditional varieties like the Red Globe, have seen a 64% drop in exports compared to the 2012/13 season, and are expected to reach an export volume of 23.5 million boxes in the 2022/23 season.

From Jan-23 to Sep-23, Chile exported 495,308 metric tons(mt) of table grapes, resulting in a 18% YoY decrease. The estimated export value is USD 865.8 million, making table grapes Chile’s second largest fresh fruits export during this period, after cherries. The United States (US) was the top destination, receiving 46.8% of the total value, followed by China with a 13.2% market share.

The table grape industry in Southern Peru has been presented with a new opportunity through maritime shipments departing from the port of Pisco. During the 2022/23 campaign, approximately 35 million boxes of table grapes were shipped from Southern Peru, accounting for 50% of the country’s shipments. The shipping company, MSC, has confirmed routes, making it possible for ICA and Arequipa to export directly from the port closest to the production sites and packing plants in this region. This development is significant because it supports decentralization at the country level and reduces dependence on the port of Callao.

Due to Hurricane Hilary, table grape production in California, US, has been negatively affected, leading to a limited supply and a significant price increase. As a result, the market has shifted to Peru for a more affordable supply, with Ica becoming a preferred source for customers seeking table grapes from Peru. As of week 38, the top destination for Pure table grape is the United States (US), receiving 20% of the total volume. Colombia and Mexico took the second place with 13%, while Netherlands and the other countries accounted for 13% and 38% respectively.

Lastly, the Italian table grape campaign is coming to an end this year, thus leading to a typical price increase dictated by limited availability. Although demand remains steady, customers seek other typical autumn products as the cold weather sets in. This will alleviate the supply constraint and keep a stable market.

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