Agronometrics in Charts: Clementines fetch higher prices despite larger volumes in the U.S.

This week we’re going to take a look at the volumes and average prices of clementines in the U.S. market.

It appears that the heavy supplies of clementines over the last few weeks have not had a big impact on prices, amid a firm and high demand for this fruit that’s likely driven in part by the Covid-19 pandemic. In fact, last week the Chilean Citrus Committee said that its clementines were meeting with “strong market demand”.

In week 23, the average price of clementines in the U.S. was $2.45 per kilo, which is 10% higher year-on-year.

This price increase has come despite a volumes of 8.4m metric tons (MT) – a massive 84% up on last year and the highest in the last five years by the same date.

Chile was by far the main supplier, providing 95% of the volumes

Written by: Cristian Crespo
Original published in FreshFruitPortal.com on June 16, 2020 (Link)