Peaches Prices

Peaches Prices December 2023

In the fourth quarter of 2023, the price of peaches in the United States reached 1746 USD/MT by December. Similarly, in China, the peaches prices hit 1247 USD/MT in the same month. Whereas, Germany witnessed peaches prices reaching 1461 USD/MT during Q4 2023.

Peaches Price Trend, Market Analysis, and News

IMARC's latest publication, “Peaches Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the peaches market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of peaches at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed peaches price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting peaches pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Peaches Market Analysis

The global peaches market size reached 25.01 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 31.51 Million Tons, at a projected CAGR of 2.60% during 2023-2032.

• The awareness regarding the health benefits associated with peaches is a major factor that supports the peach market. Vitamin A and C, potassium and dietary fiber present in the peaches are effective in maintaining the body’s health. They are immunological boosts, good for the skin, and aid in correcting digestive irregularities making peaches a favorite among people with a sensitive conscience towards their health. For instance, as reported by the U.S. Department of Agriculture (USDA), the antioxidant value in peaches significantly contributes to fighting oxidative stress and inflammation which makes the fruit even more appealing. This nutritional content has led to the improvement of per capita consumption, which enhanced domestic demand and asserted peaches’ role as a dietary necessity.
• Global consumption of peaches has also increased immensely as exports have greatly increased. For instance, MAPA Foreign Trade Review Annual Preview 2023 published that Spain, one of the exporters, recorded a 15% increase in peach exports in the year 2023. This growth is mainly driven by demand from the European Union and other developing economies including China. The fruit can be eaten fresh, in conserved, juices, which makes peaches more saleable and in demand in the international markets. Other features that help to explain export orientation are its sweet taste accompanied by the image of a healthy and good fruit.
• Innovation in the peach production process has improved production efficiency and enhanced the quality of peach. According to data from the California Department of Food and Agriculture in California, a leading peach-producing region in the United States, adoption of advanced irrigation systems and precision agriculture techniques has resulted in a 25% increase in peach yields per acre over the past two years. These advances provide for steady supply while also conforming to quality demands, thereby boosting demand both locally and abroad. Better farming practices also help in the sustainability of the farming process because water is conserved and there is minimal exploitation of the environment, a move that is in harmony with the current farming practices where reducing the environmental impacts is encouraged. Such advances in technology help in increasing profits for the growers and, at the same time, maintain the positive growth direction of the peach market to meet various demands of people for healthy and tasty fruits.

Peaches News

The report covers the latest developments, updates, and trends impacting the price of peaches, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the peaches price trend.

Latest developments in the peaches industry:

• In July 2024, Europe harvested a total of 3.4 million tons of peaches and nectarines. This substantial production underscored Europe's strong agricultural output in the fruit sector, meeting domestic demand and reinforcing its position as a significant global exporter of peaches and nectarines.

Product Description

Peaches are fresh fruits hailing from China and are scientifically known as Prunus persica from the rose family. It is unique in the fact that it is furred to a certain extent with smooth skin; it ranges from yellow to reddish-orange; it’s a warm color with a hint of pink or red where it has been sunburnt. Interiorly, peach is characterized by succulent crispy pulp that at times varies from pale yellow to white encompassing a large hard-shelled nut or kernel.

Peaches are known for their wonderful taste and sweet, rather fine smell. Both are consumed as raw vegetables and are very useful in any type of cuisine and confectionery. They are widely utilized by undergoing a conversion process to become jams, pies, cobblers, preserves, and sauces. Their natural flavors come in handy in making baked products owing to the natural sweetness while the sour taste is perfect for enriching the taste of other dishes, and spices to salads.

Peaches are nutritional, low in calories and are packed with vitamins A and C, dietary fiber, and antioxidants. Thus, these nutrients play a role in its health-promoting effects, for instance on the immune system, skin, and gastrointestinal tracts. Seasonal fruit That’s why peaches grow best in regions with moderate temperatures, and the primary producers of this fruit are China, the United States, Italy, and Spain to make sure that the fruit is available in markets all over the world during its time of production.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecasts and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the peaches price trend.

Global Peaches Price

The report offers a holistic view of the global peaches pricing trends in the form of peaches price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of peaches, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed peaches demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Peaches Price

European peaches prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for peaches can also be provided for an extensive list of European countries.

North America Peaches Price

The analysis of peaches prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific peaches historical data within the United States and Canada can also be provided.

Middle East and Africa Peaches Price

The report explores the peaches pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Peaches Price

The peaches pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This peaches price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Peaches Price

The analysis of peaches prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of peaches pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting peaches price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The peaches price charts ensure our clients remain at the forefront of the industry.