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Chilean kiwifruit season progresses in Europe

iqonsulting 2019-07-12
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According to information, in the Rotterdam (Netherlands) markets, the Chilean kiwifruit season shows a large degree of progress, with prices being recorded for more than three months in the first and more than two months in the second.

Netherlands
When looking back at the beginning of the Chilean kiwifruit season in the Netherlands (ranked in the fourth place of Chilean kiwifruit shipments in 2018), most of the doubts were about the price that the fruit would get. In the same time, from Chile the news were that the total 2019 export would end with a lower export volume, but the worries were in the European market. However, the Chilean supply waited and started to arrive in the European market between one and two weeks later than in the 2018 year, this allowed the market to clear some stocked volumes and push the price for local supply to even lower levels.

The first prices for the Chilean supply were recorded on week 19, and although these prices were in a slightly lower level than the first prices recorded in 2018, as the weeks passed, the demand increased and the market was more receptive. At the same time, the volumes from Chile were increasing, although not as violent as the previous year. This led to an average price for the Chilean kiwifruit supply of 1.5 EUR FOT/kg that remained in that level throughout the season. Currently, from June onwards, the average price has shown a rising trend despite the volume increase. Thus, the results at the end of the season might be positive.

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