This transaction will reportedly help U.S. retailers keep produce prices stable for consumers during the off-season when commodity prices rise 35%.
Provid’s General Manager Alejandro Cabrera tells FreshFruitPortal.com that the decrease is mostly due to weather phenomena.
For the upcoming 2023-24 term, the U.S. is projected to take 56% of overall shipments, with Asia and Europe following with a 19% and 16% share, respectively.
Despite a 5% reduction in global exports during the 2022-23 season, numerous countries are strategically adjusting their production methods to meet market demand and optimize operational efficiency.
FreshFruitPortal.com spoke with the general manager of Provid, Alejandro Cabrera, who says that, just like other crops, table grapes have been affected by weather conditions.
The U.S. received 47% of Peru’s overall shipments in 2022. It is expected to remain the top export destination for Peruvian grapes.
The loss of 25 million boxes was felt by international importers, especially by some Asian clients experiencing lower volume and difficulty guaranteeing the quality of the fruit arriving at port. However, there are exceptions.
No official communications from either government have confirmed approval for the new protocol, putting producers and exporters, who had prepared for a season with this new mechanism, in a complex situation.
The U.S. is the largest destination market for both Chile and Peru, with shipments representing 49% and 46% of total exports for each country, respectively.
The São Francisco Valley accounts for 95% of all Brazilian grapes produced for export, but the valley has only five agricultural inspectors to analyze and release the product.
