Kiwifruit set to bounce back after two tough seasons

Craigs tips $147.5m in revenue from tender process. (Image: Zespri)

Fri, 02 Feb 2024

Things are looking up for the kiwifruit industry after the challenges of the last two seasons, says Craigs Investment Partners. The Craigs' analysts expect a "good level of growth" for both ZGL Green and SunGold Kiwifruit in CY2024.The return of El Niño conditions resulted in good budburst, flowering, and strong fruit counts ahead of the 2024 harvest. “We expect that volumes will be very significantly higher in CY2024 (182 million trays).”Sticking to estimateOn the pricing front, Zespri is releasing fe...

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