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
24 Sep 2024
‘The fruits are in formation and are taking on a reddish colour in some early varieties,’ said Aníbal Caminiti, ‘We have had a significant accumulation of cold hours. The Patagonia area exceeds the cold accumulation of the last six years by 15%'.
08 Jan 2025
The surface pitting damage is caused by mechanical damage before and after harvest. The defect only manifests itself after 7-10 days of cold storage, after packing and inspection of the fruit, and has substantial economic implications.
22 Jan 2025
'Arrivals of Chilean cherries by sea have grown significantly this season. More than 40 ships of Chilean cherries have arrived since November and some will continue after the Spring Festival,' reports Zhu, director of Shenzhen Changhong Logistics Co.
22 Jan 2025
‘This season will not be bad for Argentinian exporters. Prices were maintained thanks to the quality of the cherries. We lacked volume, which unfortunately affected producers in Chubut,' said CAPCI Director General Aníbal Caminiti.
