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first_img201695,823,000100.0%42,012,43243.8%20,026,44020.9% You might also be interested in Here’s a closer look of the aforementioned period during 2018, where we identify Morocco’s last shipment on the week of April 8 and Chile’s first shipment on the week of April 29.Clementines, Non-Organic, Weekly Shipments Spring 2018 2016177,272,5501.85 YTD23,178,960100.0%00.0%20,529,93688.6% 2018112,665,168100.0%61,948,15255.0%29,860,48826.5% YEAREst. SALES (in USD)AVERAGE ANNUAL PRICE per KG In this week’s ‘In Charts’ installment, Luis Aragón of data visualization tool Agronometrics illustrates how the U.S. market is evolving. Each week the article will look at a different horticultural commodity, focusing on a specific origin or topic to see what factors are driving change.Clementines are among the author’s favorite spring fruits because they check all the boxes: a Goldilocks size (not too large, not too small), easy to carry, easier to peel – its segments pull out with more ease than Legos – all whilst providing a very pleasing sweet flavor without the high acidity that often accompanies citrus. And as a bonus, because it’s a hybrid, if cultivated properly it grows with no seeds. The name Clementine comes from the 19th-century French missionary named Marie-Clément Rodierem, who is believed to be the first origin for this hybrid citrus while working at an orphanage in Algeria. Today, and when we give a bird’s eye view at shipments to-and-within the U.S. market, we observe how clementines experience a two-peaks-two valleys type of landscape in any given year.Clementines, Non-Organic, Monthly Shipments for previous 4 yearsSource: USDA Market News via Agronometrics. (Agronometrics users can view this chart with live updates here)Whatismore, April is one of the three months with the least amount of clementine movement from overseas suppliers (with September & October being the other two). Thus, in the present month we find ourselves on the low point created by the end of the Moroccan season and the very beginning of Chile’s. These two countries are incidentally, the two main sources, providing an outstanding 27% and 55% of the total fruit on the market in 2018, respectively.Table 1, Clementines, Non Organic, Annual US Shipments Source: USDA Market News via Agronometrics. (Agronometrics users can view this chart with live updates here)So with current the gap in supply, and the expected arrival of significant volumes from Chile – as well as potentially Peru as detailed in a recent FreshFruitPortal.com article: Peru expecting 8% uptick in citrus exports – it is only wise to review clementines’ price behaviors to help us better anticipate upcoming price trends.Clementines, Non-Organic, Historic Weekly Prices per KGSource: USDA Market News via Agronometrics. (Agronometrics users can view this chart with live updates here)A glance at historical price trends shows we could very well expect prices to start off around-or-above US$2.50/KG sometime over the next two weeks and stay in that neighborhood until mid-June (weeks 24 & 25) after which a steady price drop is to follow until the Southern Hemisphere’s season ends around late August. And yet, If we step further back and look at the even bigger picture, we can see that U.S. annual sales for clementines are stagnating, if not slightly decreasing. The assumption is that Chile’s skyrocketing production (go back and have another look at Table 1: 24M KG in 2014, 42M KG in 2016, 61M KG in 2018) could be driving average selling prices down.Table 2, Clementines, Non Organic, Estimated Annual Sales 2014134,850,744100.0%24,653,16018.3%41,726,66430.9% Notwithstanding the subtle downward tendency of annual prices for Clementines in the U.S. market, and thanks to reversed Seasons, Chile and Peru still benefit from higher prices than Morocco & Spain, which fall in the (USD/KG) range of US$1.30 – 1.90. Thus, with its soaring annual production and U.S. prices partly lagging, it is no wonder that Chile’s industry is seeking to conquer new markets, particularly in East Asia and Latin America.In our ‘In Charts’ series, we work to tell some of the stories that are moving the industry. Feel free to take a look at the other articles by clicking here.You can keep track of the markets daily through Agronometrics, a data visualization tool built to help the industry make sense of the huge amounts of data that professionals need to access to make informed decisions. If you found the information and the charts from this article useful, feel free to visit us at www.agronometrics.com where you can easily access these same graphs, or explore the other 23 fruits we currently track. Volume (KG)ShareVolume (KG)ShareVolume (KG)Share 2017113,576,904100.0%38,029,82433.5%22,371,55219.7%center_img 2015111,132,000100.0%30,327,69627.3%43,423,12839.1% 2014323,641,7862.40 2015245,601,7202.21 2017232,832,6532.05 2018221,950,3811.97 YEARTotal Global ShipmentsChileMorocco Chile: Fruit exports contract in H1 as leading com … Chile edges closer to Vietnamese market access for … Oranges in Charts: Florida’s volumes fall while Ch … April 16 , 2019 Huge increase in Chilean D’Agen plum exports to Ch …last_img read more

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