Skip to main content

Peruvian mandarin exports increased by 29% in volume and 32% in value

Overview of the peruvian mandarin season, complemented by charts from Agronometrics.

Original published in on September 24, 2020 

The 2020 Peruvian mandarin campaign is in its final stretch, yielding very positive results. According to estimates, up until September 15, the country exported 173,751 tons of mandarins worth $ 215 million, i.e. 29% more volume and 32% more value than in the same period of 2019. Despite the increase in supply, the average price of mandarins stood at US $ 1.24 per kilogram, i.e. 2% more than in the previous year.

Prices (in USD/KG) of clementines in the US Market
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Early varieties reversed their decline

Shipments of the early Satsumas and Clementines varieties, which are exported between March and July, experienced a decreasing trend until 2019. However, during 2020 the high demand for citrus fruit, which was driven by the pandemic, managed to reverse this negative trend.

In this campaign, exports of early varieties totaled 52,110 tons (+ 32%) worth $ 57 million (+ 37%). However, they were well-received due to the lack of supply of the rest of the varieties. This can be appreciated by the fact that they achieved the lowest prices: $ 1.03 per kilogram, i.e. 12% less than the average and 4% more than in 2019.

The main destination of these mandarins was the United States, with 16,415 tons (+ 50%) worth US $ 20 million (+ 49%). It was followed by the United Kingdom with 15,112 tons (+ 39%) and US $ 15 million (+ 37%), and the Netherlands, with 7,243 tons (+ 33%) and US $ 20 million (+ 47%).

Historical volumes (in KG) of clementines from Peru in the US Market
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Late varieties continued to grow

The late varieties, which are exported between June and September, are made up of hybrids, such as Murcott, Nadorcott, and Malvaceo. This year, the growth in demand continued to drive Peruvian exports of hybrid varieties, which totaled 121,642 tons (+ 28%) worth $ 158 million (+ 30%). These are the best-paid varieties in the world market, as their price stands at $ 1.30 per kilogram, i.e. 5% more than the average and 2% more than in 2019.

The main destination for hybrid mandarins was the United States, with 63,862 tons (+ 41%) worth $85 million (+ 41%). It was followed by the United Kingdom, with 13,016 tons worth $ 18 million (similar to 2019), and China with 11,556 tons (+ 26%) worth $ 13 million (+ 27%).

Increase in processed mandarins

During the 2020 campaign, exports of processed mandarin grew and totaled 6,363 tons (+ 82%) worth $ 13 million (+ 135%). The price of processed mandarins stood at $ 2.05 per kilogram, i.e. 29% higher than in the previous year.

The main destinations for processed mandarins were the United States, with a 73% share, and Germany, with 16%. The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

Access the original article with this (Link)


Popular posts from this blog

Blueberry boom: Worldwide growth creates challenges for NW producers

Overview of the northwest blueberry season by Doug Krahmer of Berries Northwest, Cort Brazelton of Fall Creek Farm and Nursery, Kasey Cronquist of the U.S. Highbush Blueberry Council and Mark Hurst of Hurst's Berry Farm, complemented by charts from Agronometrics. Original published in  on July 30, 2020 ALBANY, Ore. — On a seasonably warm July afternoon in the fertile Willamette Valley, Doug Krahmer stood between rows of organic blueberries and watched as a large mechanical harvester rolled slowly through the field, rattling bushes heavy with ripe fruit. Measuring a little more than 15 feet tall, 11 feet wide and weighing 7 tons, the harvester seemingly floated in the distance over neat rows while fiberglass rods, or “fingers,” shook the berries onto a conveyor belt that swooped them to the upper deck and into plastic crates. From there, the crates were loaded into refrigerated trucks and driven from the farm north of Albany, Ore., to a packing shed ea

Agronometrics in Charts: Demand for berries skyrockets in 2021

This time for the ‘In Charts’ series we will give an update as to how the average prices of berries have been behaving. Specifically, we will look at the prices of blueberries, raspberries, strawberries, and blackberries in the United States market and compare them with previous seasons. An increase in demand, brought on by the tendency to consume “superfoods” such as berries during the Covid-19 pandemic, seem to have pushed prices up despite the fact that volumes imported by the United States have been similar or higher than those of previous years. Let's look at each particular case: Blueberries Blueberry prices experienced a significant increase from week 3 of 2021, showing the highest prices of the last 5 seasons for the same date. If we observe the following chart, we can see that, for week 7 of 2021, the average price of conventional blueberries was $7.60 per kilo. This is 24 percent higher than in 2020 when the average price was $6.14 per kilo. Volumes for blueberr

Peru's blueberry oversupply takes its toll on export price

Overview of the Peruvian blueberry season, complemented by charts from Agronometrics.   Original published in   on November 25, 2020  This year's Peruvian blueberry season began in June with the export of 1,010 tons worth 5 million dollars. These figures represented a 25% increase in volume and a 77% increase in value over the same month of 2019. The lower production in the northern hemisphere due to weather problems allowed producers to achieve attractive prices of $ 5.15 per kilogram in June. Volume (in Kg) of blueberry from Perú in the US market Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) The good reception of Peruvian blueberries and the increase in prices encouraged exports during July, a month in which the country shipped 4,808 tons (+ 108%) for 26 million dollars (+ 102%). In this month, the increase in the Peruvian supply generated a slight 3% fall in the typical prices of the month,