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

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

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

Subscribe I am already a subscriber

Spain: Influence of citrus in the economy of Castellon

The province of Castellón produces approximately 666,300 tonnes of citrus, of which 563,900 are mandarins, 100,500 oranges and 1,700 lemons. The clemenules is the most produced mandarin variety, with 450,000 tonnes, so it can certainly be said that this variety has quite some weight in the economy of the province.

The collapse of the sector is reflected in the latest economic data about VAT revenue during the first five months of the year in Castellón. This revenue has dropped by 72% compared to the previous period in 2011, and is now standing at 32 million Euro; a figure that contrasts sharply with the VAT revenue in 2007, when it reached 711 million Euro. In the month of July this tendency has continued and the figure is already 80% lower than in 2010.

The recession has drastically reduced consumption and Castellón is the province suffering the biggest decline in Spain, which is a consequence of the complete lack of profitability of the citrus sector. One should keep in mind that the population living in towns where the economy revolves primarily or in a high percentage around the cultivation of this crop reaches 75%.

The decline in VAT revenue is a clear indication of the collateral effects caused by the recession, but not the only one. Diesel B, the fuel used by tractors, atomisers, irrigation engines, etc., has seen a 40% drop in consumption. The value of citrus crop fields is now very low and the land sale market is practically non-existent, with the great majority of cooperatives going into liquidation.

These indicators are all very clear and suggest that appropriate measures ought to be taken to ensure that balance in the agrifood chain becomes a fact and not just mere words.