Rabobank's Gonzalo Salinas is closely monitoring global trends in the cherry trade as the Southern Hemisphere prepares for the 2023/24 season. The industry faces mixed fortunes as 2023 concludes, with challenges in Northern Hemisphere regions and optimism in the South.
Chile, a key Southern Hemisphere player, sees rising cherry production despite initial double-digit growth predictions not materializing. The season began strongly, with exceptional prices for early shipments to China. Chile focuses on early varieties like Santina, Lapin, and Regina, with efforts to diversify markets beyond China to Vietnam, Thailand, and India.
Australia and New Zealand anticipate strong seasons with improved weather conditions. Argentina complements Chile's supply, exploring new varieties. In the Northern Hemisphere, the U.S. recovers from a short crop, while Europe sees high prices due to lower production.
A common trend is the push to expand production windows, especially in the early season, to capitalize on premium prices. Salinas sees potential challenges if Northern and Southern Hemisphere suppliers directly compete. Peru's emergence as a cherry producer is on the horizon, potentially bridging the gap between hemispheres. Despite a few years before becoming a reality, there's growing interest in developing Peruvian supply.
In summary, the cherry industry navigates challenges and opportunities. Chile leads in the Southern Hemisphere, diversifying markets, while the Northern Hemisphere adapts to varying outcomes. Expanding production windows is a shared strategy, and Peru's potential role adds an intriguing dimension to the evolving cherry trade.
Red full article here: Fresh Focus Cherry
Photo: Karsten Bergmann from Pixabay
05 Jul 2024
"The trees have not had a chance to acclimatise to this cold weather," said Sukhpaul Bal, cherry grower and president of the B.C. Cherry Association. "This is where we have seen a huge reduction in volume due to a rapid change in temperature."
Markets Production Press review
22 Jan 2024
It is important to note that ours is a mature industry,' says Claudia Soler, 'and Chile is the world's largest cherry exporter and leads the southern hemisphere's exports: more than 96% of the supply with over 400,000 tonnes of shipments in 2022-2023.
20 Jan 2026
Chilean Santina cherries have officially been classified as a low glycemic index (GI=39) food. This result opens new doors for nutrition-focused marketing and reinforces cherries' status as a healthy, smart fruit choice for consumers aiming for a balanced and low-GI diet.
20 Jan 2026
China now absorbs 93% of Chile’s cherry exports, making them the country’s second most exported product after copper. Thanks to direct sea routes, improved logistics, and lower prices, Chile is boosting its position as a global leader in agri-food trade with China.
