Tridge summary
Crop yields are anticipated to decline in several producing countries, with the most significant drops in Belgium, Romania, and Poland. Despite these concerns, producers and suppliers remain optimistic, expecting high prices and increased market demand. In Germany, wages have recovered and inflation has decreased, contributing to a better market situation. Retail prices are rising, but they are not significantly impacting sales. The total apple production for the EU fresh market is projected to be significantly lower, with a decrease in production in northern countries and an increase in the south.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Crop yields are expected to decrease in most producing countries: France (-3%), Italy (-1%) and the Netherlands (-1%). The most significant losses are expected in Belgium (-34%), Romania (-15%) and Poland (-20%). Despite longer-term concerns about the viability of the sector, the announcement created cautious optimism among producers and suppliers, who expect good prices this season with the further revival of market demand and consumer purchasing power, reads the NAK website. We see a somewhat better market situation in Germany, where wages have recovered and inflation has fallen - said Helwig Schwartau, AMI market analyst. He added: Retail prices are rising, but this has little effect on sales. Therefore, we believe that the apple sector should fight for unchanged retail prices. Schwartau also said that according to his expectations, the total amount of apples destined for the EU fresh market will be ...
Source: Agronaplo
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