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Agronometrics in Charts: Clementines fetch higher prices despite larger volumes in the U.S.


This week we're going to take a look at the volumes and average prices of clementines in the U.S. market.

It appears that the heavy supplies of clementines over the last few weeks have not had a big impact on prices, amid a firm and high demand for this fruit that's likely driven in part by the Covid-19 pandemic. In fact, last week the Chilean Citrus Committee said that its clementines were meeting with "strong market demand".

In week 23, the average price of clementines in the U.S. was $2.45 per kilo, which is 10% higher year-on-year.

Prices of clementines in the U.S. market


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

This price increase has come despite a volumes of 8.4m metric tons (MT) - a massive 84% up on last year and the highest in the last five years by the same date.

Chile was by far the main supplier, providing 95% of the volumes

Historical volumes of clementines in the U.S. market


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 June 16, 2020 (Link)

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