Good season for vegetables: Lower yields but higher prices in EU

Published 2022년 10월 14일

Tridge summary

The European Union is expected to experience a decrease in vegetable supply in 2022 due to adverse weather conditions, including drought in Spain, France, and Italy. The harvest of vegetables such as onions, carrots, peppers, and potatoes is expected to decline by 7-11% in leading EU producer countries like Belgium, France, the Netherlands, and Germany. Poland is expected to see a 15% decline in potato production due to a decrease in acreage. However, domestic harvest of field vegetables in Poland is expected to slightly increase by 0.5% y / y. The reduced supply is expected to lead to significant price increases for potatoes, onions, and carrots. The higher energy costs required for heating greenhouses could further impact the profitability of production and may lead to measures to limit production in winter.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The EU supply of vegetables in 2022 may shrink due to unfavorable weather conditions. The drought in Spain, France and Italy had a negative impact on the harvest of vegetables such as onions, carrots and peppers. The same will be true for potatoes. According to the NEPG, this year's harvest in Belgium, France, the Netherlands and Germany (leading EU producers) will be lower by 7-11% y / y, despite an increase in the area of crops by over 3% y / y. On the other hand, the Central Statistical Office estimates that potato production in Poland will decline by approx. 15% y / y, although in this case, this result is primarily a consequence of the decline in acreage by 17% y / y. According to the preliminary estimate of the Central Statistical Office, the domestic harvest of field vegetables in 2022 will increase by 0.5% y / y, after a decrease of 5.1% y / y in 2021, which means that it will remain at a relatively low level. The conditions for the production of vegetables were ...

Source: Sady Ogrody