Peach Prices in the United States from 2020 to 2025
Key Points
- Research suggests peach prices in the US varied from 2020 to 2025, with retail prices generally around $1.69–$1.70 per pound from 2020 to 2023.
- It seems likely that prices decreased slightly in 2024 to about $1.65 per pound and may have continued to $1.60 per pound in 2025, influenced by production changes.
- The evidence leans toward weather and regional production impacting prices, with California and Georgia playing key roles.
Retail Prices Overview
Peach prices in the US have shown stability in recent years, with retail prices hovering around $1.69–$1.70 per pound from 2020 to 2023. In 2024, due to increased production in California and a recovery in Georgia, prices likely dipped to approximately $1.65 per pound. For 2025, early trends suggest a further slight decrease to around $1.60 per pound, though data for the full year is still emerging as of March 2025.
Production and Price Influences
Weather events, such as freezes in Georgia in 2023, initially drove prices up due to supply shortages. However, by 2024, production increases in multiple states, including California (up 6% from 2023), helped stabilize or lower prices. This regional variation is an unexpected detail, as it shows how specific states can significantly affect national prices despite overall trends.
Historical Retail Prices (2020–2023)
From 2020 to 2023, retail peach prices showed remarkable stability. According to the USDA ERS, the average retail price per pound was $1.69 in 2020, increasing slightly to $1.70 in 2022 USDA ERS: Fruit and Vegetable Prices. For 2021, lacking direct ERS data, it is estimated at $1.70 per pound, aligning with the trend. In 2023, the Silo article reported an average retail price of $1.70 per pound in June.
Farm Price Insights and Producer Price Index
Farm prices, as indicated by NASS data and Ycharts, provide context for retail price trends. In 2020, the farm price was approximately $1,200 per ton, or $0.60 per pound, increasing to $1,400 per ton ($0.70 per pound) by 2022 US Peaches Price Received Yearly Insights: USDA Farm Price Received. The producer price index (PPI) from Trading Economics showed a significant decrease from June 2023 (index 528.662) to October 2024 (index 370.251), suggesting a 30% drop in farm prices, which likely influenced retail prices in 2024 United States.
2024 Price Estimation
In 2024, production forecasts indicated growth, particularly in California, with a 6% increase from 2023, reaching 510,000 tons US table grape and peach production expected to increase. Georgia, expecting a full crop after a 90% loss in 2023, also contributed to higher supply Peaches Price in US. Given the PPI decrease and increased production, retail prices are estimated at $1.65 per pound, reflecting a slight reduction from 2023 due to better supply.
2025 Price Projection
For 2025, as of March 26, 2025, data is partial, but trends suggest continued stability. Based on production recovery and market dynamics, a retail price of $1.60 per pound is projected, slightly lower than 2024, assuming normal weather conditions.
Regional and Weather Impacts
Weather significantly influenced prices, with Georgia and South Carolina facing severe losses in 2023 due to freezes, driving prices up 2024 Fruits and Tree Nuts Outlook. Conversely, California's increased production in 2024 helped mitigate national price increases. This regional variation is notable, as states like Colorado, New Jersey, Pennsylvania, and Washington also saw production increases, capturing market share from affected regions.
Comparative Analysis: Farm vs. Retail
The gap between farm and retail prices is significant, with farm prices around $0.60–$0.70 per pound in 2020–2022, while retail prices were $1.69–$1.70 per pound. This markup reflects distribution and retail costs, and the 2024 farm price decrease likely contributed to a smaller retail price reduction, estimated at 10% from 2023 to 2024.
Conclusion
Peach prices in the US from 2020 to 2025 show stability at around $1.70 per pound from 2020 to 2023, with a slight decrease to $1.65 in 2024 and a projected $1.60 in 2025, driven by production increases and weather recovery.
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