2023: Phenological Impacts and Record-High Blueberry Prices in Europe and the United States

In 2023, blueberry prices reached record levels in Europe, the United States, and other global markets due to a reduced harvest in Peru, caused by high temperatures and unusual rainfall during flowering—conditions associated with the El Niño phenomenon. This climate impact also drove up prices for other products, such as mangoes and grapes.

Source: Basurto, S., Berrocal, A., & Pérez, G. (2024). The effect of the El Niño Phenomenon on the price index of agricultural export products. Moneda Magazine, (198), 77-84.