Peruvian table grape exports have been projected by the USDA to rise by 2% year-on-year in the 2020-21 season to 412,000 metric tons (MT).
The forecast comes in contrast to reported estimates from the Peruvian table grape association Provid in October suggesting exports would rise by 16% to 56m boxes equivalent to 8.2 kilos, which would be 426,000MT.
A USDA Gain Report said the U.S. was the top export destination in the 2019 calendar year, accounting for 38 percent of total exports.
Other important markets are the Netherlands and Hong Kong with 15 and 10 percent of the export market share, respectively.
Fresh table grapes are one of the top produce exports by value for Peru and 2020 export value expected to reach $1 billion. In 2020, grape prices in the export market
averaged $2,333 per MT.
However, prices in the U.S. market were higher, averaging $3,053.
Peruvian grape exports to the U.S. peak between December and January due to seasonally higher prices. Between October 2019 and March 2020, Peru became the leading grape supplier to China accounting for 48 percent of market share.
Total table grape production in Peru is forecast to reach 665,000 MT in MY 2020/2021 (October-September), a two percent increase over the previous year. Favorable weather conditions, plenty of water supply and growing demand are driving this increase.
Peru has a dry coast with a range of temperatures (between 14 and 30 degrees Celsius) and over 12 hours of sunlight per day, year-round, which makes it an ideal
region for grape production.
These conditions combined with precision irrigation enables Peru to mature vines 55 percent faster than in neighboring countries, the USDA report said. Grape production is mainly located in Ica (41 percent) and Piura (22 percent).
The total area under cultivation is estimated at 31,500 hectares.
Harvesting season in Peru begins in late October and ends in April. The Red Globe variety dominates production, as it remains popular in the growing Chinese market. However, producers are shifting toward higher value varieties to supply other markets. This includes diversifying to over 20 different varieties to meet the evolving palate of consumer tastes worldwide.
The most popular of these other varieties includes Crimson seedless, Flame seedless, Surgeon, and Thompson seedless.
Grapes are one of the most expensive crops to install, second only to blueberries. One hectare of grapes in Peru requires an initial investment of approximately $43,000, without consideration of land costs.
About 30 percent of the cost of production is soil preparation and the irrigation system, 25 percent is establishing the trellis, and 14 percent goes toward the plant itself. This is a significant financial outlay for a small-scale farmer. However, the return on investment for producing high value varieties can offer sizable returns.
As a labor-intensive and high maintenance crop, the grape industry is a large employer in Peru’s agricultural sector. High production areas such as Ica boast full employment due to the steadily increasing demand for labor.
The Link LonkNovember 04, 2020 at 05:57PM
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Peru's table grape exports to rise by 2% in 2020-21 - USDA - Fresh Fruit Portal
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