Generandi

Good prospects for the kiwifruit sector as consumption expands

The outlook for kiwifruit demand remains good. The main reason is associated with expanding consumption in Asia, the EU, and the United States. World kiwifruit exports have been stable over the last three years and show interesting changes in supply dynamics.

New Zealand’s kiwifruit exports grew strongly in 2021 and the outlook for the sector remains strong due to expanding kiwifruit consumption in Asia, the EU and the U.S. So says a new global report from agricultural banking specialist Rabobank.

In the report ‘No red light for green and yellow kiwis’, Rabobank says global kiwifruit production reached four million metric tons in 2021, a three-year high, but still below 2018’s record figures.

Rabobank senior fresh produce analyst David Magana said, “Led by China, which accounts for more than 50% of global supply, kiwifruit production has been somewhat stable. But that doesn’t mean there are no changes taking place. If we remove China from the production figures, as almost all of its supply is for the domestic market, we see five main producing countries: New Zealand, Italy, Greece, Iran and Chile. New Zealand leads production due to increased acreage, and (excluding China) now accounts for 33% of total world production, up from 24% in 2012.”

New Zealand’s kiwi exports reached a record 647,700 metric tons last year, up 13% from 2020. Exports from Italy were down in 2021, while volumes from Iran, Greece and Chile were stable,” he added.

Source: Fresh Plaza

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