Spanish citrus prices increased by 19% in 2020 compared to the last 5 seasons

According to the latest Citrus Fruits Dashboard published by the European Commission's Price Observatory, the prices of Spanish citrus fruits (taking as a reference those coming out of stores) increased by an average of 59 euro per 100 kilograms (i.e. € 0.59 / kg) during 2020, which represents a 19% increase compared to the average of the last five seasons.

Citrus prices paid in other European Union producing countries, such as Italy (+ 24%), Portugal (+ 26%), and Greece (+ 27%), are somewhat higher than the Spanish average. However, one must take into account that these nations export and produce much less and set a higher price.

This statistical report of the fruit and vegetable market of the European Commission aims to provide greater transparency and short-term analysis to a key sector for community agriculture. Fruits and vegetables account for nearly 24% of the continent's agricultural production value.

In addition, stated MEP Inmaculada Rodríguez-Piñero, the data should serve the sector to address price volatility and make informed decisions, particularly when market disturbances or crises occur during a campaign.

The United States and Russia
According to the European Commission dashboard, the United States (1.3 million tons) and Russia (1.7 million) are the world's leading importers of citrus. However, these markets are closed to the Spanish fruit after Russia vetoed food imports from the EU in 2014 and the US imposed a 25% tariff barriers on imports of European mandarins; a situation that agricultural organizations, private businesses, and cooperatives demand the European Commission correct.

According to the EU Observatory, the area devoted to producing oranges in 2019 stagnated and remained at 140,300 hectares, while the area devoted to mandarins fell to 105,600 hectares, and the area destined for lemons -which have greater profitability- increased by 5% to 46,800 hectares.

 

Source: levante-emv.com 


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


© FreshPlaza.com 2021

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber