Chile Ships Record Cherries but Prices Drop 22%

2026-02-20 - 11:53

Key Points — Chile exported 113.8 million boxes of cherries in the 2025/26 season, exceeding the 110-million-box forecast, with China absorbing 87% of shipments — Export volumes rose 37% year-on-year between October and December, but average FOB prices per kilo fell roughly 22%, squeezed by oversupply and weaker Chinese consumer demand — Cherries have overtaken