The firm seeks to fill the natural gap in organic table grapes after California finishes up in early December and before growers in Mexico begin harvesting in April or May.

Inflation has Peruvian producers and exporters on alert over concerns that consumers may opt to purchase less expensive fruit.

Vanguard forecasts Peru to export 70-72 million boxes in the 2022-23 season, compared to 65M last year.

A swift changeover in table grape varieties planted in Peru has been driving demand and has enabled the diversification of markets.

Peru's table grape association Provid has forecast exports in the 2022-23 season to increase by 11 percent to 71.5 million boxes equivalent to 8.2 kilograms each.

Prices in the 2021-2022 season ranged from $18.08 per package to $31.80 per package, reflecting the existing volatility in the market.

“There were not enough spaces on ships to cover export capacity. Delays in the import of materials caused problems with costs and shortages, due to the increase in freight rates," said Agrokasa's Camila Borgesa.

Between May and June of this year, Peru exported over 5.5 million kilos of table grapes, recording a 66.5 percent increase compared to the 3.3 million kilos dispatched in the same months last year.

In the 2021-22 table grape season, countries in the Southern Hemisphere achieved a new export record of 1.5 million tons, an increase of 0.3 million tons in a decade.

The General Manager of Peru's Table Grape Growers' Association, Alejandro Cabrera Cigarán said the industry would ship a minimum of 70 million boxes in the 2022-23 season, up from 64.8 million boxes in the previous season.