Spanish grapefruit forecast estimates -26% drop in supply, prices expected to increase

AILIMPO's grapefruit production estimate for the 2019/2020 season indicates a crop forecast in Spain of 60,740 tons, a figure which means a significant drop of -26% in supply this year due to weather conditions.

This crop volume allows the sector to face this new season with optimism. The global reduction in supply in Europe will stress the market and prices for Spanish grapefruit are expected to increase from the start of export.

The start of the Spanish season will begin in October with a majority supply of big grades while the stocks from the Mexican season are being sold out. The season will be shorter than usual and will end in March.

The 2018/2019 season, which ended in June, has closed with a total harvest of 82,082 tons, the main destination of which was export to the German and French markets which represent 54% of our total sales with more than 30,000 tons. A small quantity was exported to third country markets (2,868 tons) and the effort to gradually open and consolidate markets such as Switzerland, South Africa and Canada should be highlighted. For its part, the domestic market is estimated at 7,000 tons. Finally, 11,700 tons were processed.

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