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📦 Peach

Peach

HS Code:

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Overview

Peaches, classified under HS Code 080930, include fresh peaches and nectarines. This category represents a significant segment of the global fruit trade, with peaches being a popular temperate fruit cultivated in various regions worldwide. The trade of peaches is influenced by seasonal production, climatic conditions, and consumer demand for fresh and processed fruit products. Key factors affecting trade include quality standards, phytosanitary regulations, and transportation logistics due to the perishable nature of the product.

Total Trade Volume

3.5 million metric tons

Data from 2022

Source

United Nations Comtrade Database & FAO Statistics

Tariff Analysis

Average Rate

8.5%

Highest Rate

35% (applied by certain developing countries to protect local agriculture)

Lowest Rate

0% (under free trade agreements such as EU internal trade or USMCA)

Common Restrictions

  • Phytosanitary requirements for pest and disease control
  • Seasonal import quotas in some markets
  • Labeling and packaging standards
  • Maximum residue limits (MRLs) for pesticides

Market Trends

Growing demand for organic peaches

Increased market share for certified organic producers, particularly in Europe and North America, with premium pricing opportunities

2021-2022

Shift towards off-season supply from Southern Hemisphere

Countries like Chile and South Africa are gaining market share by supplying peaches during the Northern Hemisphere's off-season

2020-2022

Impact of climate change on production

Unpredictable weather patterns have led to reduced yields in traditional peach-growing regions, affecting export volumes

2019-2022

Recent Developments

EU-Chile Trade Agreement Update

Negotiations to modernize the EU-Chile Association Agreement have progressed, potentially reducing tariffs on peach imports to the EU.

March 2023

Likely to boost Chilean peach exports to Europe, increasing competition for local producers.

US-China Trade Tensions Ease

Recent dialogues have led to a partial rollback of retaliatory tariffs on US peaches, improving market access to China.

January 2023

Expected to increase US peach exports to China, though phytosanitary barriers remain.

New Pest Outbreak in Italy

A significant outbreak of the peach fruit fly has affected production in key Italian regions, leading to stricter export controls.

July 2022

Temporary reduction in Italian peach exports, creating opportunities for competitors like Spain and Greece.