490 euros per ton for Greek rice is achievable; great demand from Europe and the Middle East

Published 2022년 9월 30일

Tridge summary

Greek rice producers are optimistic about the upcoming season, driven by high yields and quality, and a favorable international environment that includes reduced competition from Italy and a ban on exports from India. However, they face soaring production costs, which are leading to concerns about product pricing. The industry is also struggling with the importation of rice from countries with lower tariffs and less stringent pesticide standards, and the issue of rice being labeled as Greek when it is not. The EU Rice program, presented during the Thessaloniki Agricultural Partnership's presentation, aims to address these challenges and help Greek rice regain its position in the Middle East and European markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With allies in the encouraging image of their fields, both in terms of yields and quality and an international environment, which paves the way for increasing exports and shares in new and existing markets, the producers estimate that the goal is achievable, but also justified, as production costs skyrocketed. "This year we have several omens on our side. It was a year of great water sufficiency and a smooth growing season, making rice cultivation showing very good production patterns. On the other hand we have the greatly reduced production and low quality in Italy, due to the drought, which means that further routes to the European market will be opened for Greek rice. A very important parameter also has to do with India, which has blocked its exports. This could bring about major reshuffles in general in the rice trade this year", Giorgos Botas, producer and secretary of the Second Chalastra Cooperative, explains to Agrenda. The favorable international environment is also ...
Source: GRAgronews

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