Peru: Fresh Deciduous Fruit Annual
Fresh table grapes remain Peru’s top agricultural export. Heavy rains and unstable temperatures caused by El Niño impacted Peru in early 2017, delaying this year’s harvest. The harvest delay caused a supply overlap with neighboring table grape powerhouse, Chile, driving prices downwards due to inventory surpluses. Nonetheless, in response to strong export demand, grape production levels are expected to rise in MY 2017 due to new plantings coming into production and higher yields in maturing vines.