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    Home > Food News > Food Articles > Rabobank: Chile's cherry exports to China will continue to break records

    Rabobank: Chile's cherry exports to China will continue to break records

    • Last Update: 2022-11-25
    • Source: Internet
    • Author: User
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    January 22, 2023 is the Chinese New Year and one of
    the most important holidays for cherry producers.
    According to the latest report released by Rabobank, Chile's cherries exports to China will continue to break records
    in the coming seasons.
     
    Chile's PortalFruticola website reported that Chile's exports of cherries to China are expected to reach 385,000 tons in the 2022/23 season, a year-on-year increase of 23%; In the 2023/24 season, Chile's cherries exports to China will reach 466,000 tons, and in the 2024/25 season, Chile's cherries exports to China will reach 500,000 tons, or 100 million cases (5 kg/box).

     
    In terms of price, taking into account factors such as the increase in cherry exports, the average price of Chilean cherries in the 2022/23 season is expected to be 6.
    54 US dollars/kg (FOB, the same below), down 9% from the previous season.
    The average price for the 2024/25 season is between US$4.
    68/kg and US$5.
    57/kg
    .
    This means that as cherry exports continue to increase, the average price may gradually decrease, but it still guarantees profitability for producers
    .
     
    In the 2021/22 season, logistics problems affected Chilean cherry exports
    .
    Delays in exports lead to lower fruit quality and lower prices
    .
    Since the 2016/17 season, the Comité de Cerezas and major shipping companies have adopted the Cherry Express service, which takes an average of 25%
    less time than conventional modes of transport.
    However, in the 2021/22 season, with the significant decline in the reliability of logistics services and the increase in transit times, many cherries arrived in China
    after the Spring Festival.
     
    According to the Spanish FreshPlaza website, in the 2022/23 season, most Chilean cherry exporters will adopt different logistics solutions to achieve higher transportation efficiency
    .
     
    Air freight is the fastest mode
    of transportation.
    For the 2022/23 season, exporters will rely on conventional air and charter flights
    .
    It is reported that the season has sufficient positions, and exporters do not need to worry about capacity
    .
     
    In terms of sea transportation, in addition to ordinary container shipping, there will be more charter transportation as a supplement
    .
    The main ports of arrival for charter ships include Dalian Port and Taizhou Port in China, so that congestion can be effectively avoided
    .
     
    In addition, sea-air transportation will also be an option, with cherry producers chartering their products from Chile to the United States and then flying them by air from the United States to China
    .
    Compared with traditional sea freight, sea-air combined transportation has a higher
    timeliness.
     
    On the other hand, in the 2022/23 season, the early arrivals are mainly Royal Dawn and Santina, the middle period is Lapins, and the late season is Sweet Heart and Regina
    .
    Overall, Chile is expected to export three kinds of cherries, including Rabins, Santina and Regina
    , this season.
     
    The Chinese New Year 2023 is relatively early, so getting the right pace is a priority
    for Chilean cherries to China this season.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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