High prices for sour cherries and a much smaller harvest than a year ago in Poland, as well as in other European countries, has contributed to greater competition for the fruit on the market, according to Agrobiznes.
Concerns about the availability of the fruit were already seen at the beginning of the year. It turned out that the frozen fruit stocks are smaller than expected, and forecasts indicated a smaller harvest of these fruits. This has led to larger exports. Compared to 2018, only in the first four months of this year, sales of Polish frozen cherries abroad increased more than two and a half times.
It's almost the end of cherry season. Meanwhile, the prices are rising week by week. Fruits delivered to the plant cost nearly 3.6 PLN (0.82 EUR) per kilogram. It's almost 0.3 PLN more than two weeks ago, and over three times more than last year.
High prices are the result of lower harvests. In Hungary, which is the second largest cherry producer in the European Union after Poland, growers also speak of a significant decline.