Portugal: Algarve avocado growers to generate annual revenues of €40 million

According to a study carried out by Agro.Ges, a consultancy specialising in agricultural matters, the production of avocados in the Algarve will generate annual revenue of €40 million in the creation of Gross Added Value.

At this point in time, there are an estimated 1,833 hectares of avocado growing in the Algarve. Currently, these already contribute some €20 million to the region's annual economy.

The study further indicates that water used by avocado farming is, on average, 6,500 m3/ha per year, which is similar to the average for dominant crops, in some cases even less.

Source: theportugalnews.com

Publication date:

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

Other news in this sector:

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

Subscribe I am already a subscriber