Retail Prices, Weekly Sales Up in Latest FreshFacts® on Retail
September 7, 2011
Retail prices for both fruits and vegetables rose, driving an increase in weekly dollar sales in the second quarter of 2011
compared with the same period last year, according to the latest edition of FreshFacts® on Retail, the quarterly retail research report of the United Fresh Foundation.
Higher
prices led produce sales volume to a slight decline, down one percent
from Q2 2010, however volumes of value-added fruits, value-added
vegetables
and organics each grew in Q2 2011, indicating that consumers are
willing to pay a premium for their fresh produce preferences.
The
FreshFacts® on Retail report, produced in partnership
with the Perishables Group and sponsored by Del Monte Fresh Produce,
measures retail price and sales trends for the top 10 fruit and
vegetable commodities, as well as value-added, organic
and other produce categories.
Highlights of this quarter’s report include:
Among the top 10 fruit, bananas, melons, avocados and specialty fruit had the most substantial dollar growth
Eight of the top 10 vegetables posted sales that exceeded Q2 2010
The mushroom category was the only vegetable in the top 10 to grow both volume and dollars in Q2 2011
A 12.5 percent increase in weekly sales of organic fruits
Growth
in value-added fruit in dollar and volume sales, up 3 percent and 5
percent respectively; similar growth in value-added vegetables with
increases of 5.6 and 7.0 percent
Each
FreshFacts® report also features a Quarterly Spotlight
on one industry segment in particular. This quarter, the report looks
at the factors driving the rise in value-added produce sales in the past
year. During that period, both dollar sales
and volume of value-added fruits and vegetables showed consistent
growth, fueled by an increase in the number of products offered within
the value-added category.
The complete
FreshFacts® on Retail report can be downloaded free of charge to all United Fresh members ($50 for non-members) by
clicking here. For more information about how to obtain the report,
please contact Patrick Delaney, United Fresh communications manager, at
202-303-3400 ext. 417 or
pdelaney@unitedfresh.org. For questions about specific data
contained in the report, please contact Kelli Beckel at the Perishables
Group at 773-929-7013.
United Fresh Produce Association
1901 Pennsylvania Ave. NW Suite 1100
Washington, DC 20006
Tel: 202 303 3400
Fax: 202 303 3433 united@unitedfresh.org