French apple stock goes up while pear stock goes down at the end of 2021

At the end of December 2021, apple stocks are up by 14% year-over-year. This increase is explained by lower destocking than previous years and lower exports, despite a slightly reduced crop in 2021 due to frost. Over the August-November period, export volumes to the European Union are down by 38% year-over-year and 46% below the 2016-2020 average. In contrast, pear stocks are down by 57% year-over-year and 33% compared to the 2016-2020 average. This low level of reserves is the consequence of the fall in production in 2021 due to the spring frost. The summer pear marketing year ends early in October, whereas it ended in late October in previous years. Due to the deficit in summer pear supply and active demand, pear prices are up by 51% over a year. Operators in the downstream sector are importing pears for part of their sales. Thus, the French market is a good opportunity for pears exporters.