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Navel orange prices at origin are 180% higher than a year ago

In week 17, there were new and consecutive increases in Navel orange prices both in the field (+1.2%) and at the exit from the plant (+4.9%). Prices at origin were 180% higher than in the same week last year and 43% above the average of this week, according to the latest weekly bulletin on fruit and vegetable prices of the Ministry of Agriculture, Fisheries, and Food, corresponding to the period from 24 to 30 April.

Specifically, "the price at the exit of the OP/processing plant is 52% higher than in 2022 and 39% above the average. Prices in the field are the highest they've been in the last ten campaigns for this week with the sole exception of the 2019/20 campaign (due to the 'Covid effect'); and prices outside the processing plants are also the highest in the last ten campaigns, including the 2019/20 season."

"After the declines of the last three weeks at the exit of OP/processing plant, mandarin prices recovered by 4.2% and were 44.1% higher than one year ago and 35.5% above the average. In fact, they were the highest of the last ten campaigns in this week."

Finally, lemon prices experienced notable increases “as the commercialization of the Verna lemon has become generalized,” the document notes. “Prices in the field increased by 29% and at the exit of the OP/processing plant by 25%. Prices in the field, however, were 29% lower than last year and 15% below the average. Prices at the exit of the plant were 16% lower than in week 17 of 2022 but 10% above the average."

You can read the full report at the following link.