Chile sees lowest kiwifruit returns since 2011

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Chile sees lowest kiwifruit returns since 2011

Chilean fruit grower association Fedefruta has said kiwifruit exporters saw their lowest returns last season since 2011, in part due to increased competition.

The group noted rising global supply levels - especially from the likes of Italy and New Zealand - had been problematic. 

"As a consequence of this, the value of shipments contracted strongly," the organization said.

According to a recent study, the per-kilo net return was US$0.40, marking a 22% decline over 2015 levels and a 62% decline from 2014.

"Even more worrying, is the gap between the eight exporters analyzed, which showed a difference of US$0.23 per kilo, with the highest value being US$0.52 per kilo and the lowest value being US$0.30 per kilo, in the case of category 1 fruit," it said.

"Faced with these large differences, which can radically change the fortunes of a producer, the recommendation is to realize a comparative study to determine the exporter's sales management strategy in the face of competition."

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www.freshfruitportal.com

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