Spain Sees 30% Drop in Blueberry and Cranberry Prices, with Average of $4,776 per Ton
Mar 18, 2023
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In November 2022, the blueberry and cranberry price stood at $4,776 per ton (FOB, Spain), which is down by -29.9% against the previous month. The country with the highest price was the UK ($10,442 per ton), while the average price for exports to Portugal ($1,743 per ton) was amongst the lowest. From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.6%). In November 2022, shipments abroad of blueberries and cranberries increased by 24% to 1.5K tons, rising for the third month in a row after three months of decline. Poland (401 tons), Germany (250 tons) and Italy (159 tons) were the main destinations of blueberry and cranberry exports from Spain, with a combined 55% share of total exports. From January 2022 to November 2022, the biggest increases were in Belgium (with a CAGR of +21.8%), while shipments for the other leaders experienced more modest paces of growth. In value terms, Poland ($2.6M) remains the key foreign market for blueberry and cranberry exports from Spain, comprising 37% of total exports.