All the news for Markets

Teno Pack leads the first processing line in 2023, but much attention to the fruit fly

Markets Press review

11 Jan 2024

The operation by Teno Group, which started on 23 October, processed and packed around 300 tonnes of fruit during the month and a half that the operation lasted. However, the presence of fruit flies prevented aerial shipments of cherries to China in November.

Export focus: 63% of Tasmanian cherry exports will go to Asia

Markets Press review

10 Jan 2024

For the 2023/24 season project the total production of Tasmanian cherries to hit approximately 4,300 tons, with an anticipated export volume of around 2,000 tons. Growers express confidence in a 15-20% upswing in export volume compared to the preceding season.

Crop collapse in the USA: growers in the North-East blame climate and supply chain

Markets Production Press review

09 Jan 2024

The overproduction of Californian cherries affected prices, triggering a downward spiral for Northwest cherries as well. The need for increased communication between Californian shippers and the Northwest industry could be a potential solution to avoid further price collapses.

New Zealand boosts export campaign in Asia: excellent demand and online sales

Markets Press review

03 Jan 2024

The Chinese market, says Sharon Kirk of Southern Fruits International, has shown more interest in 26mm fruit and 1kg boxes this year. So far there has been very good demand and the fruit will continue to be available for purchase online throughout the season.

Forecasts and data for the 2023/2024 EU season from the USDA's stone fruit report

Consumption Markets

21 Dec 2023

The outlook for the 2023/24 season is worrying, with an expected 21% decrease in total cherry production due to adverse weather conditions, such as frost and heavy rains, which have affected flowering and fruit set in several countries, particularly Poland and Italy.

Cherries and the South-East Asian market, China is not the only protagonist

Markets Press review

20 Dec 2023

A prevailing trend in South-East Asian markets is their slow post-Covid-19 economic recovery. This, combined with unfavourable exchange rates for trading currencies such as the US dollar, has significantly impacted imports and exports.

Global cherry trade keeps expanding reaching 750,000 tons in 2023

Markets

19 Dec 2023

Chile is by far the largest cherry exporter globally, exporting 414,000 tonnes of cherries from November 2022 to February 2023. By region, Europe is the largest producer of cherries and accounts for 32% of global production.

Drop in volumes for Argentina (-36%), but more than 6,000 tonnes are expected this season

Markets Press review

18 Dec 2023

Argentinean cherry exports totalled 1,535 tonnes, a drop of 36 per cent compared to last year. Aníbal Caminiti claims that exportable volumes will recover as the harvest progresses and emphasised the quality of this season.

Diversification and calendar expansion are driving global business development

Markets

15 Dec 2023

Rabobank senior analyst Gonzalo Salinas monitors global trends in the cherry trade as the Southern Hemisphere prepares for the 2023/24 season. At the end of 2023, there are mixed trends in the entire cherry sector.

Low-Chill cherries provide relief for growers worldwide among climate challenges

Markets Varieties

14 Dec 2023

BLOOM FRESH™ (BLOOM) has created a robust low-chill cherry program named Cheery Cherries™, offering hardy varietals that are less vulnerable to damage caused by either hot drought temperatures or excessive rains. The cherries are also bred with transportation in mind.