South American Real Estate News

Chile’s Kiwifruit saw the highest prices in five years this season

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Chilean kiwifruit was having a golden moment a few years ago, until the arrival in the country of what is known as the kiwazo – an explosive rise in the number of orchards. This led to a sharp rise in export volumes, which in turn impacted prices, making the business less profitable.

This year, however, Chilean kiwifruit fetched the highest prices in five years in the U.S. market. This is largely due to a 15% drop in export volumes (and a 17% drop in shipments to the U.S.). The lower supplies largely came about due to weather-related issues in the central O’Higgins region.

Average prices of Chilean kiwifruit arrivals in the U.S.

The chart below clearly shows how volumes of Chilean kiwifruit have differed this year compared to last year.

The volume of Chilean kiwifruit in the U.S. market

Source: Agronometrics

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Post available in: English


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