All the news for Markets

The ‘spider's web model’ applied to Chilean cherries in the Chinese market

Markets

17 Jan 2025

This model can explain the fluctuations in prices and production in the Chilean cherry market. This model is relevant because cherries have an annual production cycle and are subject to factors such as seasonality, limited supply, and variations in demand.

Chilean cherries in crisis: the Chinese market problem could ruin the 2025 season

Markets

17 Jan 2025

An impressive 59% growth in exports to the vast Chinese market has turned into a harsh “reality check. The excess supply has saturated the market and caused a 50% price drop, which no one had predicted. The situation has alarmed the Chilean industry of ambassadors in Asia.

Tasmanian cherries reach Taiwan for Lunar New Year

Markets

17 Jan 2025

A launch event to celebrate the official start of the Tasmanian cherries season was held on January 8 in Taipei. The event brought together the Tasmanian cherry industry, Fruit Growers Tasmania, Cherry Growers Australia, and Austrade, along with Taiwanese importers and buyers.

Chilean cherries in crisis: how the record-breaking season is affecting the Chinese market

Markets

15 Jan 2025

The cherry, considered a gift among family and friends as a good omen for prosperity and health, is being sold for up to 50 per cent less than last season's prices, and there have been price drops even in the most sought-after varieties.

Chinese supermarket JD Super secures partnership with Chile for the next 3 years

Markets

15 Jan 2025

Thanks to large-scale direct sourcing, JD’s procurement team has reduced the import costs of Chilean cherries, offering consumers prices approximately 15% lower than those on other e-commerce platforms for the same quality and size.

Good news for New Zealand: export growth of over 30% expected

Markets

15 Jan 2025

The president of the Central Otago Fruit Growers Association, Kris Robb, stated that the quality of this season's cherries is exceptionally high. “We’ve had mixed weather so yields vary from orchard to orchard, but overall this season looks better than the last one".

Record-breaking exports in Argentina, but eyes always on the Chilean market

Markets

14 Jan 2025

Argentina expects a production of over 12,000 tons for the current season, with an export of about 8,000 tons; a volume that represents only 1.2% of the neighboring Chile's total exports

Chinese consumers applaud falling Chilean cherry prices

Markets

08 Jan 2025

According to data from the Xinfadi wholesale market in Beijing updated on December 31, Chilean cherries are being sold at prices ranging from 18 yuan ($2.46) to 45 yuan per jin (0.5 kg), depending on their size and quality.

Tasmania: what to expect from the 2024-2025 season

Markets

02 Jan 2025

Tony Coad, Marketing and Sales Director of Reid Fruits, stated: “For us at Reid Fruits, this is an exciting time of year, with another cherry harvest underway. The harvest looks excellent, and we expect a 15% increase in volumes this season compared to last year.”

Agrovision enters premium cherry production with Agrovision Chile

Markets

20 Dec 2024

This launch, spearheaded by the acquisition of Chilean grower and exporter ZurGroup, expands Agrovision's superfruit product offering and its commitment to fulfilling its mission to excite consumers and inspire nutritious snacks, using technology.