IPG NEWS

IPG looks to keep its customers, suppliers, and partners world-wide, all connected and in touch through its new IPG News Reports. This news source will highlight the most significant, relevant and day-day international trade and produce news stories.

We feel it’s very important to not only have a great understanding for our current market and country, but to maintain a worldly viewpoint and full understanding of all other markets and their effects on the fresh produce export/import industry. Please stay connected and informed through our news channel.

Post-CNY Capacity To Break Records In 2022


  

Sea-Intelligence has analysed the capacity deployed on Transpacific and Asia-Europe in the 12 weeks after the Chinese New Year (CNY) period, since 2017. "Since CNY falls in different weeks in different years, to make each year comparable, we took capacity figures for the 12 weeks after CNY for each respective year," explained Alan Murphy, CEO, Sea-Intelligence. On the Asia-North America West Coast, deployed capacity is scheduled to be higher in nearly all of the post-CNY weeks in 2022, with some…


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In The Last 5 Years, The Volume Exported Increased By 18.4% But Its Value Fell By 20% “The Asparagus Business Is Under Very High Pressure In Peru”


  

In the last five years (from 2017 to 2021), Peruvian fresh asparagus exports increased by 18.4% in volume, from 23,082,591 to 27,329,252 boxes (5 kilograms each box). In that same period, however, their FOB value decreased by 20%, going from 505,100,000 dollars to 404,048,452. The director of the Peruvian Institute of Asparagus and Vegetables (IPEH), Jose Antonio Castro, said this contraction in value was due to the different logistics and sanitary difficulties that the sector has faced, among other problems,…


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Air Freight “Turned Upside Down” As Capacity Slumps And Rates Climb


  

Air freight capacity has indeed shrunk, according to the first data following Russia’s invasion of Ukraine, and the consequent restrictions on Russian and other airlines. North East Asia – Europe capacity has shrunk by up to 22% in the last week, compared with the week before. Load factors have risen 1.5% and are now at 84%, according to Clive Data Services, while – as expected – rates have risen. Rates to Europe from Japan, where carriers are pulling capacity from…


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2021 Drought Cost California Ag Industry More Than $1B


  

Low water levels at the north boat ramp at Lake Mendocino, a large reservoir in Mendocino County, California, October 21.( Photo: California Department of Water Resources) The 2021 drought directly cost the California agriculture sector about $1.1 billion and nearly 8,750 full- and part-time jobs, according to estimates in a new analysis led by University of California Merced researchers. The Economic Impacts of the 2021 Drought on California Agriculture Preliminary Report analyzes the impacts of last year’s drought in California’s Central…


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Peru Became The World’s Leading Exporter Of Blueberries And Grapes


  

In 2021, Peruvian fruit and vegetable exports grew by 21% over 2020 and by 3% compared to 2019, according to data provided by the Association of Exporters (ADEX). Fruit exports increased by 26% over the previous year. Grapes, blueberries, and avocados were the main fruits of Peru's agro-export basket. “Peru knocked it out of the park with its blueberry. It's a crop that Peruvians don't consume, but worldwide consumption is increasing. Peru went from literally not exporting blueberries in eight…


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