Global peach and nectarine exports to fall in 2021-22, cherries to rise - FreshFruitPortal.com

Global peach and nectarine exports to fall in 2021-22, cherries to rise

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Global peach and nectarine exports to fall in 2021-22, cherries to rise

World peach and nectarine exports for 2021-22 are forecast down despite higher global production, while cherries are expected to continue to trend upwards, according to a USDA GAIN report.

Peach and nectarine exports are projected lower as reduced shipments from China and Uzbekistan more than offset gains from the United States.

EU production is forecast down 539,000 metric tons (MT) to 2.7 million as growers in leading Member States Spain, Italy, Greece, and France experienced a second straight year of destructive frost and rain.

Spain and Italy also continue to reduce planted area to further combat overā€supply and relieve downward pressure on prices. Reduced supplies are expected to prolong trends of lower exports and higher imports, with exports down to 175,000MT and imports up to 40,000MT.

U.S. production is projected up 60,000MT to 716,000MT, holding fairly steady for the fourth straight year following consecutive years of decline from 2010/11 through 2018-19.

All main producer states are expected to show higher output with East Coast states recovering from last yearā€™s freezes. Exports are forecast at 72,000MTas improved
supplies drive greater shipments to top markets Canada, Mexico, and Taiwan.

Imports are projected up slightly to 33,000MT on higher shipments from Chile at the start of the marketing year.

Turkey production is anticipated to see its first decline since 2014/15, falling 60,000MT to 830,000MT on freeze and frost damage in the major growing regions of Bursa and Izmir. Reduced supplies are expected to lower consumption while higher prices in export markets encourage sustained exports at 165,000MT .

Chile production is expected to ease down to 159,000 tons on reduced water supplies, while exports are expected to hold steady at 100,000MT on sustained shipments to top markets the U.S. and China.

Cherry production to rise

For 2021-22, global production is forecast slightly above 4.0 million MT for the first time. 

Since 2011-12, fresh cherry production has increased almost 1.0 million tons to 4.0 million in 2020/21, recording only 2 years of decline. Of the 17 producing countries tracked in USDAā€™s Production, Supply, and Distribution (PSD) database during this period, 11 countries expanded output.

China, Chile, and Turkey top the list with average increases of over 30,000MT per year. However, six countries had output shrink during this period (European Union, Japan, Kyrgyzstan, Serbia, Ukraine, and United States).

Most notably, the European Union was the top producer in 2011-12 but was overtaken by Turkey the following year and has since seen its output drop 16 percent. Turkey has retained its primary position, followed by the European Union and China. China is moving ever closer to EU volumes as it continues to expand and improve its own industry.

The U.S. is the fifth largest producer. With acreage not expanding, U.S. production during this period has ranged between about 350,000MT and 500,000MT due to varying weather and growing conditions

For 2021-22, global exports are forecast up once again, to 638,000MT.

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