IPG NEWS
IPG looks to keep its customers, suppliers, and partners world-wide, all connected and in touch through its new IPG News Reports. This news source will highlight the most significant, relevant and day-day international trade and produce news stories.
We feel it’s very important to not only have a great understanding for our current market and country, but to maintain a worldly viewpoint and full understanding of all other markets and their effects on the fresh produce export/import industry. Please stay connected and informed through our news channel.
GLOBAL MARKET OVERVIEW ONIONS
October 28, 2022
Volumes of onion are down this winter in many countries, with a decrease of up to 40% in Spain, and less significant but still notable losses in Germany, France and the United States, among others. Large sizes are particularly hard to find, and this lack of supply has driven up the prices across much of the global market. This could be good news for the growers, who are also facing higher production costs, but it remains to be seen whether…
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Japanese Fruit Importers Struggle Due To Weak Yen
October 21, 2022
Japanese companies sourcing products from overseas have been hit hard by the depreciation of the yen. The Funasho Shoji company, based in central Tokyo, is one of them. It imports oranges, grapes and other fruit from the United States and South America. The importer says melons from California are particularly popular because they are cheaper than those grown in Japan. The firm imports them from late summer to autumn. But the price Funasho Shoji has to pay for this key…
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ASOEX Cherry Committee’s First Estimate For The 2022-2023 Season
October 21, 2022
Chilean Fresh Cherry Exports Are Expected To Increase by 25% According to the ASOEX Cherry Committee's first estimate for the 2022-2023 export season, Chile will increase its shipments of fresh cherries by 25% over the previous season. Thus, Chile will export 89,353,878 boxes of fresh cherries, equivalent to 446,769 tons. This forecast collects data provided between September 27 and October 6, 2022, so there may be some changes during the season, which will be reported by the entity in due…
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Global Market Overview Mandarins
October 21, 2022
The global mandarin market is a mixed bag at the moment. Low volumes combined with good demand for the citrus on many markets have meant the season has started with unusually high prices in countries such as the Netherlands, Belgium, Italy, Spain, as well as North America. However, these high prices are offset by increases in the cost of production, and there are concerns that the current economic crisis affecting consumers may mean they aren’t prepared to pay these higher…
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“Export Volumes Higher But Prices Lower”:
October 14, 2022
Peruvian 2022 Blueberry Campaign On Track To Reach 30% Growth Peru is well on track to reach the estimated 30% growth in exports of blueberry’s in 2022, but prices are trending lower. With exports just over the halfway mark for the current peak of the campaign, blueberry’s from Peru for the 2022 season shows a 35% increase in containers exported up to week 38 (September 25) compared to the same time last year. According to Noe Gutierrez, an independent analyst…
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