Chestnut production maintains the yielding from the previous crops steady but exports shall decline.
Chestnut Kernel
Portugal
Market & Price Trends
Innovation & Technology
Caio Alves
Published Nov 11, 2020
The chestnut production campaign in Penela da Beira has been advanced this year, on fifteen days average. It foresees a quantity of about 470 tons, equivalent to that of 2019.
As for the marketing of chestnuts, in the export-based operations, we may expect a slow pace flow due to the private initiative policies this year, in regards to the pandemic caused by the covid-19.
France, Germany, Austria, Italy, Spain, Brazil and the United States of America are amidst the common destinations.
“Our expectation is that the product will flow well, a little more slowly than in previous year" underlined a producer.
In 2019, exports ratio were around 92% of production and in 2018 a total of 96%. This year it estimates 80%.
In the national market, analysts foresee that the commercialization of chestnuts is more active than in previous years.
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