Chilean cherries: returns drop 40% after record-breaking yet disastrous season

21 May 2025
3112

2025 begins with the Year of the Snake, but for Chilean cherries it's a time for bitter reflections. According to the data, the economic returns from the last season show a collapse, despite record-high volumes.

The Chinese market, traditionally the main driver of Chilean cherry exports, was not enough to save a season that will be remembered more for its challenges than for successes. According to the 2025 Annual Report by iQonsulting, FOB revenues will slightly exceed $1.8 billion (around €1.65 billion), a sharp drop from the $3 billion (around €2.76 billion) recorded in the 2023/24 campaign. A 40% plunge, even more surprising considering that this year production reached the historical record of 125 million boxes, representing a 51% increase over the previous season.

A season of growth

Isabel Quiroz, co-founder of iQonsulting, is blunt: "The average price collapsed in historic terms. It’s true that the product reached a broader audience and the entire volume was sold, but the revenues no longer cover production costs in Chile."

The loss caused by the sinking of the Maersk Saltoro cargo ship — which resulted in the destruction of about 5 million boxes — further worsens the financial balance, but it is not enough to explain the depth of the crisis.

A global strategy is needed

While acknowledging that China remains a strategic asset, Quiroz calls for a major review of sales dynamics: "We have reached an average annual consumption of 434 grams per capita in China alone. That’s a huge figure, but also a risky one: any misstep can trigger dramatic price drops, as we've already seen."

The message is clear: market diversification is now a priority. Moreover, a more granular planning of exports is necessary. Every week follows its own rhythm, influenced by seasonal, cultural, and promotional factors. "Selling at $100/kg (about €92/kg) in week 44 is not the same as during the weeks before the Chinese New Year. Each week must be carefully analyzed to determine how much can be sold and at what price."

Bicolor cherries stand out

In a season marked by falling prices, the performance of bicolor varieties, such as Skylar Rae and Rainier, stood out by maintaining high price points. The former reached $68 per kilo (about €62/kg) in December, while the latter surpassed $50 (about €46) in the early weeks of the season.

These are niche productions, more complex to manage and with limited volumes, but they show a premium potential that is still largely untapped.

Conclusion: the future of export

The lesson is clear: quantitative growth is no longer enough. The sector must rethink its strategy, not only to regain value, but also to build a more resilient and sustainable model, capable of weathering the fluctuations of the Chinese market and expanding into new global destinations.

Source text and images: redagricola.com


Cherry Times – All rights reserved

What to read next

The use of bioproducts for an effective and more sustainable cherry cultivation

Crop protection

16 Sep 2024

Recently, researchers at the University of Conceptiòn (Chile) evaluated the phytosanitary impact of bio-based defence programmes for the control of bacterial canker and fruit rots in pre- and post-harvest using bioproduct-based treatments (BPP1 and BPP2).

Emilia-Romagna region (IT) into full swing, peak season for Vignola and the province of Modena

Specialties

10 Jun 2024

Enrico Bucchi, the General Manager of Valfrutta Fresco SpA, takes a close look at the cherry chain and the strategies behind the success of this fruit in the lands between Romagna and Modena.

In evidenza

Orchard View is ready to celebrate 4 July with a shower of cherries

Production

10 Jun 2026

Orchard View is preparing its 2026 cherry season in Oregon with strong volumes, premium quality and an early crop. The Pacific Northwest program targets July 4 to support retail sales, US promotions and exports to Asia in an increasingly competitive global market.

The effects of weather conditions on cherry quality after harvesting

Post-harvest​

10 Jun 2026

In Washington State, extreme heat, rainfall and temperature swings are affecting cherry firmness, stem condition and postharvest disorders. Data from 2021-2023 highlight different responses in Rainier, Bing, Skeena and Sweetheart cherries, with impacts on storage and markets.

Tag Popolari