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Apples in Charts: Honeycrisp, the queen of the U.S. market


Apples are a high-volume fruit commodity which growers need to produce very efficiently in order to be profitable, and the U.S. is no exception to this rule.

Apples from numerous origins are sold in the U.S. market, which is supplied principally by fruit from Washington State, as can be seen in the chart below.

Average historic arrival volumes of apples in the U.S. market, by origin


Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)

Average historic apple prices in the U.S. market have oscillated between around US$1.00 and US$1.75 per kilo over the last decade.

Historic weekly prices (USD/KG) of apples in the U.S. market


(Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)

But in the panorama of apples in the U.S., there is one variety that has stood out from the others – Honeycrisp. This queen of the U.S. apple market has great growth potential and excellent prospects for the future. In the chart below you can see just how significant the price difference is between this variety and many others.

Average prices over the last nine years have been around US$2.5 – US$4 per kilo, at certain times even having fetched prices four-fold higher than other varieties. In 2018, the variety grew by 23% in value and 34% in volume, approaching sales of US$1 billion.

Historic average prices of apples (USD/KG) in the U.S., by variety


(Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)

In terms of sizes, the 72s, 80s, and 88s received the best prices.

Prices of Honeycrisp apples (USD/KG) in the U.S. market, by size


(Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)


Written by: Cristian Crespo
Original published in FreshFruitPortal.com on May 22, 2019 (Link)

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