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Contents
Fruit & Vegetables
Pears
28
Pear Argentina - ARS/kg
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
0
20
40
60
80
100
120
RZ48 - Pear mp AR
The Mintec price of pears from Argentina declined by 6.4% m-o-m in August 2022, to ARS 89.9/kg, but rose by
3.6% y-o-y. Prices fell in line with a reduction in export demand amid the Russia-Ukraine war, as Russia is a
primary destination for Argentinian fruit. According to market sources, exports have fallen by approximately 20% on
average since the conflict began. Growers also face higher production costs, which are impacting the pear
industry's long-term sustainability.
The Mintec price of pears from China declined by 2.5% m-o-m to CNY 7,324/MT in August 2022. However,
prices rose by 26.6% y-o-y. Harvesting the 2022 pear crop commenced in July, with the sales' season of old
(2021) pears coming to an end. The price of early-season varieties started high in July, but has gradually come
down as more supply is available on the market. According to market sources, farmers have diversified planting
areas due to a change in domestic demand for more versatile, cheaper fruits, which is pushing prices higher
compared to 2021 (+26.6% y-o-y).
Pear China - CNY/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
4,000
6,000
8,000
2B15 - Pear whs CN
Pear ES - EUR/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
Pear whs ES - 7Z11
In August 2022, the average price of Spanish pears declined by 13.9% m-o-m, to EUR 1,462/MT, due to a
seasonal drop in demand. Additionally, pear stocks on 1st July were 27% higher y-o-y according to the World Apple
and Pear Association, easing any upward price movement. EU pear production is also forecast to rise in the
2022/23 MY, by 20% y-o-y, to approximately 2.08m tonnes. This is mainly due to a significant forecast production
growth in Italy and France, compared to 2021. Despite an overall growth in production in the EU, production in
Spain is expected to follow an inverse trend as the harvest is estimated to decline by 17% y-o-y.