Chilean cherry: Chinese market less lucrative

  • Published on 6/12/2018 - Published by BENOIT-CELEYRETTE Cécilia
  • FruiTrop n°261 , Page From 4 to 4
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As a consequence of the rapid expansion in cherry surface areas in recent years, Chilean operators are slightly concerned, since prices underwent a big fall last year, especially in China, which takes in the bulk of volumes (85 % of the 185 000 t exported last year). However, the Chinese market remains highly lucrative for Chilean exporters compared to the other export markets, i.e. the USA (7 000 t), Taiwan (3 300 t), South Korea (2 600 t) or Europe (3 400 t). Nonetheless the increase in the supply could be slightly more moderate this campaign, because of a negative alternate bearing effect after the very big yields registered last year, which were due to exceptional climate conditions. So the harvest, notwithstanding any climate problems, could reach only 209 000 t according to USDA estimates, a level close to or even slightly less than last year (+ 2 % on 2018-19 and 48 % above the 3-year average).

cherry - chile - planted areas
cherry - chile - planted areas

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