New production estimate for Chilean cherries
From
| 23 November 2023
Overview of cherries from Chile in the U.S. market, complemented by charts from Agronometrics. Original published on November 22, 2023.
The Chilean Cherry Committee, which represents more than 85 percent of the volume of global Chilean cherry exports, released its second estimate for 2023-2024. The new estimate considers the impact of rains this season. The Committee forecasts global exports of 81,477,564 million boxes (5 kilos each), a decrease of 14.6 percent from its first estimate in October, and slightly lower (-1.89 percent) than last season’s total exports.
“It’s been very challenging for the industry to estimate how volumes have been affected by El Niño,” said Claudia Soler, executive director of the Committee. “Volumes vary from week to week and the impact of adverse weather conditions, like the latest rains, cannot be immediately understood. We will be sending updated volume estimates as the season progresses.”
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
Soler added that Week 51 (December 18-24) remains the peak week for global exports. “There is strong demand throughout our global markets, so our efforts are focused on shipping the fruit with the quality and condition that the markets expect. Despite the drop in volumes, we are confident that it will be a good season,” said Soler.
The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.
