Overview of global table grape exports in the US market, complemented by charts from Agronometrics.
Original published in FreshPlaza.com on August 09, 2021
In 2020/21, as total international shipments grew, global table grape exports reached a record level. Expanding demand in emerging markets represents a relevant industry opportunity.
In 2021/22, shipments from Mexico through June were marginally down year-to-date. The California crop is expected to be similar to that of 2020, despite extreme drought conditions. Shipments from Peru will continue to expand considerably, and production in Chile will recover after a tough year.
In a new Rabobank report, estimates for weekly table grape arrivals and weekly average prices in the US market are provided. Overall, it is expected that a steady US demand will continue to support average prices; however, margins are challenging, primarily due to rising costs. Given the challenges around labor and water availability, investments in innovative technologies and practices will be key.
Prices (USD/Kg) of table grapes in the US Market, by varietiesSource: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
As the industry focuses on quality – to avoid the commoditization of the category – building strategic partnerships will be increasingly relevant. Consolidated high-quality table grape operations across the Americas will be more common in the future.
The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.
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