Between March and May, UK supermarket sales grew at their fastest rate for at least 26 years, according to data published by Kantar. Overall grocery sales were up 14.3% in the 12 weeks up to May 17th. The good weather prompted shoppers to go to parks and beaches, leading to a bump in sales of food for picnics. The VE Day bank holiday on May 8 made it the biggest shopping day of the month, with £488 million spent on groceries.
UK grocery sales record growth
Spaniards’ consumption of fresh produce rockets
© Oh Barcelona, Flickr
Spanish households’ spending on fresh and processed fruit in April was 66.1% higher than for the same period last year, while the spend on vegetables was up 70.5%. This is the finding of a report published by the Ministry of Agriculture, Fisheries and Food using data for the week beginning April 13th. While sales were up for all food categories, the fresh produce segment was the best performer.
Consumer dissatisfaction leads to slump in Italy’s strawberry sales
In the past five years, strawberry consumption in Italy has slumped by around 3,000 tons, due mainly to consumer dissatisfaction. According to a study by Agroter's Fruit and Vegetables Monitor, it emerges that 72% were not satisfied with the last purchase of strawberries. Of these, 27% have never found strawberries they liked. Italians feel that the taste of strawberries has deteriorated in recent years - 54% of those interviewed stated that the taste of the strawberries they bought worsened and for 9% this was definitely worse.
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.
Greenyard announces dip in sales of 1.7%
Global market leader in fresh produce Greenyard has announced a slight dip in sales over the past twelve months. In the year ending March 31st 2018, the group’s net sales declined by 1.7% to €4.175 billion. Results were below expectations due to pricing pressure in the group’s main markets and a number of one-offs. Volumes were lost in some core fresh markets.
Sales of New Zealand kiwi hit 430,000 tons
New Zealand’s statutory kiwi exporter Zespri has reported sales of over 430,000 tons of New Zealand-grown kiwifruit in 2017. In addition to this total, 14 million trays of Zespri kiwifruit were grown overseas. Sales for the current year are expected to surpass NZ$2 billion, with good prospects for further growth in 2018/19 on the back of strong sales in Japan and China - Zespri’s two largest markets. Indeed, the group has seen sales in Japan rise by 30% over the past four years.