Chilean Prune Market Update
In the next few weeks, we will start to see harvest and drying of 2022 crop prunes. This is expected to last until the end of March. New crop yield is expected to be 65-70,000 tons, which an average size. A lack of carry over from 2021 crop is expected to keep prices high as the year progresses to at least August time.
Most of the larger fresh fruits are being sold to China, and so larger size prunes may be difficult to source when available. With this in mind, new crop availability is expected to be around 20% less. Chilean packers and exporters may hold off offering new crop until later on down the line, as prices may change drastically, not wanting to make the same mistake as last year.