Supply issues began in August when Hurricane Hilary struck California. From there, the industry witnessed a domino effect of adverse conditions.

U.S. table grape imports for 2023-24 are forecast to rise slightly to 760,000 tons, assuming normal Panama Canal shipping volumes.

Exports are expected to remain nearly unchanged at 3.7 million tons, with greater shipments coming from Chile and China making up for losses from Turkey and the U.S.

This season’s production volume would represent the third-highest export result on record of 140,000 metric tons.

The U.S. received 47% of Peru’s overall shipments in 2022. It  is expected to remain the top export destination for Peruvian grapes.

The loss of 25 million boxes was felt by international importers, especially by some Asian clients experiencing lower volume and difficulty guaranteeing the quality of the fruit arriving at port. However, there are exceptions.

Vietnam is now the ninth-largest market for U.S. agricultural products, while the United States is the largest market for Vietnamese agricultural products.

With approximately 30% of the crop harvested when the hurricane hit, it is projected that 35% of the remaining crop – 25 million boxes – has been lost.

The financing provided by BID Invest will support Pura Fruit's growth strategy by expanding its agricultural production through the planting of 150 new acres of table grapes, increasing water storage capacity, and the installation of covers on plantations.

After a high-priced early Jalisco deal, Mexico’s traditional Sonoran production was delayed and otherwise set back by unseasonably chilly temperatures.