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Tag: chilly

  • Chilean cherry prices plunge to less than $6 per kilogram

    Chilean cherry prices plunge to less than $6 per kilogram

    Cherries imported from Chile are at their lowest prices in years, with small-sized fruits selling for VND149,000 (US$5.9) per kilogram at markets and online retailers.

    Bigger ones cost VND180,000-220,000 per kilogram. These prices are 20-25% lower than a year ago and down from VND350,000 last month.

    Lan, a vendor at Ba Chieu Market in HCMC’s Binh Thanh District, said she has never seen Chilean cherries as cheap as this.

    Nguyen Van Thanh, a fruit importer in HCMC, said China, the main market for Chilean cherries, recently tightened quality regulations. As a result, exports to the market have been reduced, creating a supply overhang, causing exporters to offload the fruits to other markets, including Vietnam, at competitive prices.

    Saltoro, a ship that was delivering 1,300 containers of Chilean cherries to China, encountered a technical issue near Micronesia on Jan. 13, which delayed its journey until after the Lunar New Year.

    Demand for the fruit in China usually peaks during the holidays. This incident also contributed to the decline in prices.

    This year Chile’s cherry production was 60% higher than in 2024. According to customs data, Vietnamese im

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  • Chilean cherries 10% costlier than last year on lower imports

    Chilean cherries 10% costlier than last year on lower imports

    The prices of Chilean cherries are 10% higher this year at VND600,000 (US$24.4) due to lower import volumes.

    Size 3JD cherries, which have a diameter of 30-32mm, are sold at VND599,000 per kilogram and VND580,000 if bought in bulk, at a fruit store on Phan Xich Long Street, Phu Nhuan District.

    2JD cherries measuring 28-30mm cost VND569,000 and smaller ones sell at around VND250,000-300,000.

    In Hanoi too, large cherries are being sold at VND600,000.

    Smaller cherries cost less because they are of lower quality and prone to bruising.

    The prices are 5-10% higher than at the same time last year.

    The store manager on Phan Xich Long Street said: “This year’s supply is lower than previous years. Coupled with increased shipping costs, the prices are up 10%.”

    Last year Chile exported 800-1,000 tons of cherries to Vietnam, up 16% from the 688 tons in 2022, according to the Chilean Fruit Exporters Association.

    As a result their prices dropped to as low as VND200,000-300,000 last year.

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