Immense challenges for grapes

Overview of grapes in the U.S. market, complemented by charts from Agronometrics. Original published on December 11, 2023.

For the first time organizations from both Chile and Peru will meet at the Global Grape Convention 2024 to collaboratively seek solutions to the problems of the grape sector as well as provide market information. The grape producing and exporting industry worldwide has experienced a process of change and stress marked by climatic factors, the Covid-19 pandemic, logistical issues in origin and destination, and the cultivation of new varieties that have not achieved expected results.

For these reasons, Chile and Peru decided to take action on the matter, meeting for the first time of this magnitude on Aug. 8, 2024 at the Global Grape Convention in the Monticello Casino Event Center in Mostazal, Chile.

The Fruits of Chile Table Grape Committee (formerly ASOEX), the Association of Table Grape Producers of Peru (PROVID) and Yentzen Group seek not only to jointly deliver and provide consequential and unique information for the market, but also to bring together the main retailers and importers in the world to seek collaborative solutions and confront the main challenge facing grapes globally — to increase and diversify consumption.

“The international table grape industry is at a defining moment,” said Iván Marambio, president of Frutas de Chile. “With the explosive increase in global supply and lower growth in demand, a significant imbalance has occurred. So if we do not do something to increase consumption, there will be irreversible adjustments.”

“We consider it very important to communicate this in a very solid, very direct and realistic way, so that everyone involved in this sector is aware of it,” said PROVID General Manager Alejandro Cabrera. “Supply has increased, but demand has not increased at the same level, and we have to be responsible. If we do not act today, it will be very difficult for the business to remain sustainable and sustained over time. That is why we consider the Global Grape Convention important and powerful, since it aims to address the future envisioned for table grapes in these two largest supplier countries of Peru and Chile.”

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

The organizations said the only way to achieve the objective of increasing demand is for the world’s leading producing countries to understand this challenge and act together. “We wanted to impart a commercial rather than technical perspective of what the last few seasons have been like and the opportunities for improvement,” said Gustavo Yentzen, CEO of Yentzen Group, the event organizer. “The Global Grape Convention 2024 will unite these important associations from two relevant countries in the sector to generate collaboration and competitiveness.”

The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

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