Poland: Increased apple prices

After three months of apple price drops in the Polish market, the trend slowed down in the first half of November, and in the middle of the month prices have even recorded a slight increase, as reported by analysts of BGZ Bank.

According to the Ministry of Agriculture, the net purchase price of apples for direct consumption on 18 November was of 0.72 zł/kg (0.17 Euro/kg), which is about 3% higher than in early November. Prices can also be expected to increase seasonally in the coming months; however, due to high supply, these increases may be far weaker compared to previous seasons. 

Much will depend on how the stocks of apples in cold storage are released; stocks which have been estimated at 1.8 million tonnes, an all-time record volume. Comparing these figures with WAPA's data for 1 November, 2013, the increase in the volume of stocks over last year is of 22%.

This increase is partly due to the poor results of Polish apple exports. According to Eurostat, Poland exported 6,700 tonnes of apples to countries outside the EU; 39% less than in September last year. In August, the main destinations for Polish apples were Belarus and Kazakhstan, which accounted for 79% of the shipments. The volumes of exports to these countries compared to the same period last year increased by 93 and 382%, respectively.

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