Dried Fruit

Dried cranberries: massive drop in production

March 23, 2022 at 2:26 PM , Der AUDITOR
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REUS/MADISON. The cranberry crop for this season is significantly smaller than in previous years and buyers are despairing of high prices and transport problems; the dried fruit is now considered a luxury product.

High crop damage in the USA

The situation on the cranberry market remains extremely tense. The US crop in 2021 was small due to weather-related crop damage and the season also started with only small carry-over stocks, resulting in supply shortages. Growing regions in Massachusetts and Wisconsin were particularly hard hit, according to the International Nut and Dried Fruit Council (INC). Production estimates for 2021/22 cranberry production in the USA currently stand at just under 123,000 mt, with Canada (34,231 mt) and Chile (10,344 mt) following in second and third place.

Dried cranberry production, in mt

Country

2018/19

2019/20

2020/21

2021/22

USA

172,450

161,745

150,975

122,918

Canada

33,700

33,212

38,653

34,231

Chile

8,164

10,030

10,955

10,344

Gesamt

214,314

204,987

200,583

167,493

INC, March 2022

Price rally continues

Global demand for dried cranberries remains strong, but low stocks and export difficulties continue to cause problems and high prices. Catz experts report that some shippers are booked up months in advance and the fruit is now considered a "luxury dried fruit" due to expensive export prices. Indeed, prices have again climbed noticeably in recent weeks and are now at EUR 5.10/kg FCA Spain for cut red cranberries from the USA.

Dried cranberries, USA

Type

EUR/kg

Red, whole, “Ocean“

5.80

Red, cut

5.10

Black, whole, “Cond“

10.95

FCA Spain

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