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“Blueberry prices stable and high”
Blueberry prices have been at a high level for several weeks already. “Demand is good and supply is fairly low. The origins Chile, Morocco and Spain are currently on the market, but supply is not very large yet. Chile is reaching the end of its season, and will stop a little earlier as well. Morocco and Spain had some poorer weeks, and it is not yet really hitting its stride. I expect this will change in a few weeks, around week 13,” says Fred Douven from ABB Trading.
Fred indicates that prices started to increase about three weeks ago. “Right now, they are at fairly stable levels, but I think we have reached the ceiling by now. Prices for ‘old’ and ‘new’ harvests are quite different from each other. For example, the Chilean blueberries are selling at much lower prices than the Moroccan ones.”
Fred expects that prices will remain stable until supply increases. “Within a few weeks, more volumes from Morocco and Spain will arrive, and prices will probably decrease. Once volume arrives, it will continue to do so until after week 20.” He indicates that he is satisfied with the consumption increase of blueberries. “Demand is good, and it will continue to grow. We already have a loyal audience that regularly buys blueberries, and that group is also increasing. But we now have to increase the packaging, those of 125 grammes are too small,” he concludes.
For more information:
ABB Trading B.V
T: +31 6 520 55 496
5961PK - Horst, the Netherlands
Publication date: 3/17/2017
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