Posted on

Peruvian avocado exports soar 26% higher

Peruvian avocado exports soar 26% higher

Peru’s avocado exports set a new record in 2018, reaching US$800 million, up 26% on 2017, according data published by the Lima Chamber of Commerce. Peru sends avocados to 35 destinations, the main one being the Netherlands, with US$275 million, followed by the US, with US$191 million, and Spain, with US$111 million. Since 2008, the country’s avocado exports have increased almost ten-fold, from US$84.8 million, having gained access to many markets, such as China, Costa Rica, South Korea, Belgium, Russia, Australia, Portugal New Zealand, the UAE and India.

Monica Chavez of Peru’s Chamber of Commerce said, “With these results, Peruvian avocados are demonstrating that they are not just a fashionable product, but part of a consumption trend in the most demanding international markets. The growing external demand has led to avocados being exported both as a fresh product as well as frozen, purée, salsas, oils and more.”

Posted on

T&G reports 63% drop in profits

T&G reports 63% drop in profits

New Zealand’s leading fruit company, T&G Global, registered a 63% fall in profits for 2018 to NZ$8.3 million. The slump comes in spite of an 11% increase in revenues. CEO Gareth Edgecombe said that 2018 had been a challenging year for T&G due to adverse market conditions, climatic events, and the impact of Chinese tariffs.

Unseasonably high temperatures caused problems for the 2018 New Zealand apple season, leading to larger sizes. Nevertheless, T&G’s star apple brands, Jazz and Envy, continue to enjoy global success. Envy is expected to perform strongly in Asia in the coming years, there has been significant increase in production area of Envy in Washington State in the US, with volumes expected to double this year as young trees reach maturity. While the poor European apple crop drove strong demand for New Zealand’s premium apples, the opposite was the case in North America.

Outside New Zealand, adverse weather conditions damaged T&G’s cherry season in both Australia and Peru. The firm’s tomatoes also suffered a setback due to unfavourable growing conditions in the first half of 2018 and a saturated market in the second half.

T&G said despite the uncertainty caused by Brexit and the international trade wars, the firm remains upbeat about the changes it is putting in place to prepare for the years ahead.

Posted on

Netherlands sees 19.5% rise in use of geothermal energy in 2018

Netherlands sees 19.5% rise in use of geothermal energy in 2018

2018 saw greater use of geothermal energy in the Netherlands, according to data published by the DAGO trade association. 3.6 PJ (petajoule) of geothermal energy was produced last year, resulting in a saving of approximately 102 million m3 of natural gas. This is equal to the gas consumption of 82,000 homes. The increase in geothermal heat is partly due to five new geothermal installations in 2018. In total there are now 20 installations in the Netherlands of which 18 are in production.

The interest in geothermal energy as a renewable energy source is increasing. At present, geothermal energy is only applied in greenhouse horticulture, in which an estimated 4.5% of the heat comes from geothermal energy. The geothermal sector is working hard on upscaling and improvement in order to meet the increasing demand. It is important that regulations are put in order and heat networks are installed. As a result, geothermics can quickly occupy a larger part of the heat supply. On a national level, this can mean a production of 50 PJ in 2030.

Source: Platform Geothermie

 

Posted on

Fresh Del Monte reports US$21.9 million loss

Fresh Del Monte reports US$21.9 million loss

Fresh Del Monte Produce has posted a net loss of US$21.9 million in the 2018 financial year. This announcement follows a strong year in 2017, when the company made a net profit of US$120.8 million. The company says the loss is mainly on account of higher fruit and distribution costs and lower banana sales. Although net sales actually climbed 10% to US$4.49 billion, gross profit fell 16% to US$279.8 million. The company said the rise in net sales was driven by its other fresh and prepared food business segments, following the purchase of Mann Packing Company.

Del Monte’s key banana division saw a 4% fall in sales to US$1.7 billion, mainly on account of lower sales volume in the Middle East and Europe and lower selling prices in Europe, partially offset by higher selling prices in the Middle East and North America.

Del Monte’s ‘other fresh produce’ segment registered a 22% increase in net sales to US$2.44 billion driven largely by the fresh-cut fruit and vegetable business. The value of gold pineapple sales fell 1% to US$487.9 million, while volumes rose 2%. Avocados sales rose 5% to US$329.2 million, with volumes up 33%, but prices down 21% and unit costs 23% lower.

Lastly, net sales of fresh-cut fruit climbed 3% to US$510.6 million, while volumes rose 2%, prices grew 1% and unit cost was up 1%. Volumes of fresh-cut vegetables quadrupled, with net sales increasing to US$433.2 million, while prices dropped 21% and unit cost was down 23%.

Posted on

Despite lower volumes, Spanish fruit exports climb in value

Despite lower volumes, Spanish fruit exports climb in value

Spain’s fruit exports up to November 2018 were worth €6.9 billion, up 2% on the same period in 2017. However, in volume terms, they fell 6% to 6.3 million tons. According to FEPEX data, the stonefruit category was most hit by the drop on production. Peach exports plummeted by 15% to 381,000 tons, while increasing in value by 1% to €381 million. Nectarine volumes were down 24% to 357,000 tons, while slipping 3% in value to €408 million. Plum export volumes plunged 28% to 71,000 tons and were worth 13% less (€86 million). The berry category was similarly hit, with overall volumes falling 8% to 277,000 tons, while increasing in value by 1% to €582 million. However, there were significant rises in export volumes of blueberries, up 26% to 57,500 tons, +17% in value to €323 million. Also, raspberry exports climbed 10% to 46,000 tons – up 1% in value to €349 million.

Posted on

Fruit Attraction, the right place at the right time

Fruit Attraction, the right place at the right time

The latest edition of Fruit Attraction was a very special one, marking the event’s 10th anniversary. Celebrating in style, over 81,000 professionals from 122 countries attended, registering a growth of 19% compared to the previous edition. The expo is a key meeting point for the industry as a whole as it brings together the fruit and vegetable production and distribution channels. It is undoubtedly a fundamental instrument for the internationalisation of the sector. For the organisers (IFEMA and FEPEX), it is a source of satisfaction to see at first hand the confidence that the sector has placed in Fruit Attraction. The 2018 edition was the largest and most complete yet, with the participation of 1,621 companies from 40 countries, with 51,400 square metres of sectorial offer – 15% more than at the previous event. Multiple parallel events of interest were organised, including the first international Biofruit Congress on the future of organic fruit and vegetable markets.

It was in 2009 when the sector, through FEPEX, identified the need to develop a commercial project that would help it continue to strengthen its leading position in international markets. Thus, IFEMA, a specialist in creating events tailored to different economic sectors, developed the Fruit Attraction trade fair, focused on presenting a very profitable economic and commercial tool that would ensure an influx of first-rate international visitors . Now, a decade later, the effort and work are paying off, as these excellent participation figures demonstrate. All this confirms the confidence of the sector in this first-class commercial tool at the service of companies, which has achieved a progressive positioning that allows it to offer participants a platform of international momentum and expansion.

In fact, one of the most outstanding parameters in this last call has been the notable increase in international participants, registering a total of 27,994 professionals from 122 countries – an increase of more than 40%. Once again, those from Europe were the most numerous, especially from Italy, France, Portugal, the United Kingdom, the Netherlands, Germany, Poland and Belgium, confirming the fair’s position as a key commercial event for the production, marketing and distribution in Europe. On this occasion, there were also professionals from Brazil, Chile, Morocco, Peru and South Africa. There were also visitors as part of the Invited Import Market programme, co-organised with the ICEX, and which on this occasion were Canada and the Arabian Peninsula area, with 374 professionals from Canada, Saudi Arabia, the United Arab Emirates, Jordan, Kuwait, Oman and Qatar.

In terms of exhibitors, international participation accounted for 36% of the total, with 580 foreign companies from 40 countries, especially the Netherlands, Italy, Portugal, Poland, and Greece, with strong growth from France. There were also non-EU countries like Chile, Brazil, Peru, Costa Rica, Colombia, Argentina and South Africa, among others, which together created for the first time a complete area for ​​the Southern Hemisphere. In addition, Angola, the United Arab Emirates, Finland, India, Iran, Mali, Malta, Russia and Serbia participated for the first time in the Hall.

 

Posted on

Exports of Chilean fruit rise 11% in 2018

Exports of Chilean fruit rise 11% in 2018

Chile’s fruit exports rose 11% to 2.9 million tons in 2018, worth a record US$5.5 billion FOB. The excellent weather conditions in spring 2017 allowed orchards to reach their full potential. There were rises in volumes shipped of many fruit products, especially of cherries, where exports rocketed by 126% to 185,000 tons, making it the third-most exported fruit in volume terms. Other high-performing fruits were mandarins, plums, nectarines, peaches, apples and grapes. In volume terms, apples represented the largest exported category, rising 8% to 776,000 tons, followed by grapes, which were up 3% to 724,000 tons. Plum exports rose by 29% to 120,000 tons. Nectarine exports climbed by 11% to 65,000 tons, thanks in part to gaining access to the Chinese market in 2016. Peach exports increased by 30% to 31,000 tons. Mandarins and clementines soared by 46% to 170,000 tons. However, avocado exports fell by 25% to 132,000 tons, partly due to greater domestic demand, while weather conditions were not optimal.

Cherry volumes in 2019 are expected to be lower due to the unstable weather conditions and severe hail.

Posted on

French fruit season gets off to slow start

france fruit

France’s summer fruit markets are currently experiencing difficulties. The unfavourable weather conditions in spring and early summer have impacted production, both in terms of quantity and quality, and are not conducive to the consumption of seasonal produce. The mixed weather has disrupted the smooth running of the cherry, apricot and peach-nectarine campaigns.

The cherry season started at the end of May. The persistent rains disrupted the harvest of early varieties and weakened the fruit setting. The firm flesh varieties that came next also suffered the adverse weather conditions, forcing some producers to curb picking, resulting in significant losses and sorting costs. Since the beginning of the campaign, sales have remained below the level of 2017 and the five-year average.

The apricot campaign also began at the end of May in difficult conditions. Early varieties were impacted by frost and weather that limited availability. The bad weather conditions did not favour the introduction of the product and its consumption, and the quality of the products was impacted (lack of colour). In this context, demand remained focused on Spanish products. In mid-June, supply slowly shifted to French production as supply continued to expand. At the end of the month, despite an improvement in the quality of products, trade remained slow in the face of hesitant demand.

The 2018 peach-nectarine season started mid-June, two weeks later than the 2017 campaign. Bad weather conditions have had a significant impact on production and supply is in deficit. At the end of June, sales were fluid but supply was below demand. Sales are higher than during the last campaign and above the five-year average.

Posted on

The IFAMA 2018 World Food and Agribusiness Management Conference will be held in Argentina

The event will take place from June 23 to 27 in Buenos Aires, where more than 100 national and international leaders from the public and private sectors will discuss the challenges facing food production and set goals for the year 2050.

The Center for Agribusiness and Food of the Austral University and IFAMA will together hold the World Conference on Agribusiness Management. The purpose of the event is to discuss the opportunities and challenges facing the global sector to ensure the production of healthy, accessible and sustainable food in sufficient quantities for future generations. Goals will be set for the year 2050.

“Argentina has the responsibility to exercise regional leadership in the development of the world’s agribusiness. As it takes place in Argentina, the IFAMA congress is a great opportunity, which will bring together the leading academics and decision makers of the private sector. It also offers the chance to connect with the government representatives who design the public policies that will ensure the integration of countries in a beneficial economic system to guarantee the quality and sustainability of food for all humanity. At the Austral University’s Center of Agribusiness and Food, our mission will be to position the country as a global leader in projects and initiatives focused on the development of food products with high added value. All of this is aimed at establishing ourselves as the ‘supermarket’ of the world,” said Ana Galiano, dean of the Austral University’s Faculty of Business Sciences and the only Argentine board member of IFAMA.

IFAMA’s main conclusions will be summarised in a final document to be delivered to the G20 leaders when they meet in Argentina. It will also constitute a starting point from which each country should assume its roles and responsibilities for the fulfilment of these goals.

Posted on

Pink Lady continues growth momentum

pink lady

In 2017-2018, Pink Lady® consolidated its leading brand position in all European markets and continued its growth momentum with good potential for further development. Around 175,000 tons of Pink Lady® were marketed with an accelerated destocking rate (+11% at the beginning of May versus 2016/17). The three key markets of this season were Germany, which crossed the 50,000 ton mark, the UK, with nearly 30,000 tons and France, with 22,000 tons (+14%).

Spain is also showing strong development, with an increase in volume of 17% and a rise in market share of 20%, to reach 7,066 tons.

As with all European apple production, yield was down this year (-22%). Nevertheless, Pink Lady® achieved good results by pursuing a strategy with five key objectives: to control its positioning; maintain the intensity and originality of the promotional devices; continue to ramp up image and digital communication; give relief to the approach of social responsibility and guarantee the best quality promise.

From 22 to 24 June, Pink Lady® will meet Austrian consumers with a booth at the Donauinselfest festival in Vienna offering tastings and distribution of tote bags and leaflets. Additionally, the Pink Lady® truck will be on German roads from June 15 to July 15.