Skip to main content

Lemons in Charts: Chile sees much lower prices on higher volumes


As Chile’s lemon season winds down, we take a quick look at the market data to see where things are.

Prices and Volumes of Non-Organic Lemons from Chile


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

With August being the height of the season, Chile’s lemon exporters usually wind down their activities in September. This year, however, it looks like the season came a bit early, sending 21.7m kilograms in July - more than twice the amount that was exported in 2018.

August is already seeing a decrease in volume, but not too much lower than the same time period the previous season.

Non-Organic Lemon Volumes From Chile


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

In prices, the differences between the two seasons are more pronounced. In July - perhaps reflecting volumes - the pricing was almost half of what we were seeing the previous year.

In August, where volumes were already lower than the previous year, the gap in pricing between last year and this year further increased, setting the highest price we have seen in the last four years against the lowest.

Non-Organic Lemon Prices from Chile (17Kg Cartons)


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


Written by: Colin Fain
Original published in FreshFruitPortal.com on September 10, 2019 (Link)

Comments

Popular posts from this blog

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…

Avocados In Charts - Prices are falling and why are they likely to settle below 2018

Agronometrics has often spoken about what is to come and how the market could be affected. We hold a strong belief in being able to look at objective data can help navigate complicated scenarios. The recent spike in prices that avocados have seen is an example of one of these scenarios, catching many by surprise at a time of the year where we had never seen movements like this before. This can be seen in the chart below where the 2019 line has towered above all other prices since Sept. 2017 and every price recorded for June in the last five years.

Historic Hass Avocado Prices


Source: USDA Market News via Agronometrics. (Agronometrics users can
view this chart with live updates here)
Comparing the volumes of this year to the last can offer some insight as to how these prices have come about. Considering the prices were almost flat last year, the volume data serves as a great benchmark to understand where customers expectations lie.

In this year’s data, an important oversupply can be …

Fruit in Charts: The winners and losers of 2018 (Part 3 of 3)

This article is the culmination of two previous posts that explored which commodities grew the most and the least through prices and volumes in both 2018 and over the last eight years. You can catch up on those previous articles with the following links:
The Winners and Losers of 2018 (Part 1 of 3)
The Winners and Losers of 2018 (Part 2 of 3)

In the process of writing the previous two articles, we saw that many of the commodities that had the highest prices also had the lowest volumes, and vice-versa. This begs the question, where are the best opportunities in this industry, where is growth and how do we define it? So in this article we will look at creating an index that combines the two factors and see if it can shed some light on this.

One of the most contentious commodities of 2018 was avocados, which saw the biggest drop in average yearly price compared with all other commodities we track. Avocados also saw one of the largest increases in volume of any commodity that we track. In …