Dried Fruit

Prunes: supplies are shrinking

November 11, 2021 10:48 AM, Der AUDITOR
Play report as audio

SACRAMENTO/SANTIAGO. The supply of Chilean prunes is running low and stocks are also declining on the spot markets. Meanwhile, the NASS has published the latest trade data.

Stocks are shrinking

After this year's low crop, only a few containers are still available in Chile, so further quantities can still be obtained via middlemen. In the European spot market, supply is also declining noticeably; in particular, larger dried plums, pitted, 30/40 are currently still available for EUR 5.05/kg FCA Spain.

Market players could therefore face a tough six months before the new crop is available on the market in spring 2022 and contract shipments have to be fulfilled. In addition, traders expect high starting prices for the coming crop. Californian goods are hardly an alternative this year, prices are high here too and the crop cannot keep up with the last few years, either.

Variety distribution of US prunes

The USDA's National Agricultural Statistics Service has published its latest projection for the 2020 crop, which is based on trade data between growers and processors. This serves as the basis for the final indication of the production volume in the 2020/2021 season. The data make it clear that trade and thus also the production of Californian prunes has shrunk massively in recent years. For this year's crop, experts are forecasting an increase to 68,000 mt, but it is not yet clear whether this quantity could be achieved. The quality of the fruit is reportedly convincing, the prunes are large and pleasantly sweet.

Total acquisitions of US prunes, in mt

Variety

2020

2019

2018

2017

French

51,914

78,815

78,901

93,653

Non-French

1,341

977

780

866

Total

53,254

79,792

79,681

94,520

NASS State Summary 2021

View more
price charts

View related articles

Go to the News Overview
Dried Fruit
Jun 22, 2022
SANTIAGO/SACRAMENTO. In its latest report, the Chile Prunes Association once again confirms the result of the prune production. According to the experts, the war between Russia and Ukraine is also affecting Chile's exports.
Dried Fruit
Jun 21, 2022
AYDIN/TEHRAN. High freight costs for exports from Turkey dampen export demand for dried figs. Buyers of Iranian goods are also less interested in buying than last year. Many buyers are waiting for the new crop.
Dried Fruit
Jun 21, 2022
MALATYA. Now that the damage estimates in the growing regions have been completed, the crop forecast for the 2022/23 season has been published. The first price estimates are also making the rounds in the market.
Dried Fruit
Jun 21, 2022
MANISA/TEHRAN. After two weeks of precipitation and cool temperatures, the weather in the Turkish growing areas became warmer. Market players report many uncertainty factors that are likely to affect the coming season. Meanwhile, the war between Russia and Ukraine is having a noticeable impact on Iranian exports.