There is a shortage of table grapes in Europe and extremely high prices for them

Published 2024년 10월 18일

Tridge summary

The European grape market is experiencing a significant shortage due to reduced yields caused by abnormal heat in Italy, Spain, and Greece. This has led to a scarcity of European grapes, resulting in high prices with white grapes commanding 19-21 euros per kilo. The situation is hampering sales due to both the high prices and the limited volume available for promotions. While Peru and South America are expected to contribute to the market with a normal or slightly above-normal harvest, the high prices are likely to persist until more European grapes become available in December.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The first overseas grapes have arrived on the heated European grape market. The harvest of the sunny berry in Europe turned out to be even lower than the rather modest forecasts, EastFruit reports. “There is very little European product on the market. The abnormal heat in Italy, Spain and especially Greece has led to a huge deficit of grapes in Europe,” says Corné van de Klundert from Origin Fruit Europe. According to the importer, there were previously rumors that the harvest would not be very good due to the weather, but in reality significantly fewer kilograms were collected per hectare due to the smaller weight of the bunch. “Prices are sky-high. They pay 19-21 euros per kilo for white grapes. This may be normal in the Brazilian season, but for European grapes this is extremely high. However, the price of red grapes is a little lower, because there is a little more of it here,” continues Corné. “This situation is really holding back sales. Partly because of the high price, but ...
Source: Eastfruit

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