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Zespri ruby Red was almost on a par with the previous season.
Up and down but not too bad in the circumstances. That's one way of describing Zespri's final result for the 2023-24 season.
Despite all the challenges, including weather, Zespri's global kiwifruit sales for the year were 2% up on the previous season to $3.99 billion, reflecting improved fruit quality and strong pricing secured throughout the season. This result was good considering that the actual number of trays of kiwifruit sold was down 10.5% to 164.2 million trays compared with 183.5 million sold in the previous season.
Zespri's net profit after tax was $173.3 million, down from $238.7 million in 2022/23, mainly driven it says by reduced licence revenue.
In terms of grower returns, those who fared best were those with Zespri green, Zespri green 14 and SunGold with their returns per hectare up on the previous season. However organic green and organic SunGold were down. Zespri ruby Red was almost on a par with the previous season.
Zespri's chief executive Dan Mathieson says the results reflect the industry effort to lift fruit quality, along with strong consumer demand for Zespri Kiwifruit, which he says is encouraging.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
According to Zespri's November forecast for the 2025/26 season, returns are likely to be up for all fruit groups compared to the last forecast in August.
European growers are playing a key role in ensuring Kiwifruit marketer Zespri has year-round supply of high-quality fruit for consumers.
Brett Wotton, an Eastern Bay of Plenty kiwifruit grower and harvest contractor, has won the 2025 Kiwifruit Innovation Award for his work to support lifting fruit quality across the industry.
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