World: Experts predicted prices for apples in the new season in Ukraine

Published 2024년 8월 13일

Tridge summary

Predictions for the 2024/25 apple season suggest high prices due to a significant decrease in production in key EU countries, including Poland, leading to less competition for producers in countries like Moldova and Ukraine. While production in Turkey is expected to increase, making up for the shortage in the Middle East, a global supply of apple concentrate is expected to be insufficient due to reduced production in China and the US, potentially driving up industrial apple prices.

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

Original content

Prices for apples in the new apple season-2024/25 will remain high, and exporters of quality fruit and apple concentrate will again be in favor. This is reported by EastFruit analysts. In addition, it seems that the situation in the industrial apple segment will remain extremely favorable for suppliers of raw materials. The apple harvest in the key 20 EU countries in 2024 will not only fall by 11% compared to the already low production level of the previous year (10.2 million tons versus 11.5 million tons), but will also be 14% less than the average indicator for the last three years! A decrease in harvest is expected in most producing countries, in particular in France (-3%), Italy (-1%), and the Netherlands (-1%). The biggest losses will be suffered by apple producers in Belgium (-34%), Romania (-15%) and, most importantly for the countries of the EastFruit region, Poland (-20%). For apple producers from Moldova and Ukraine, this means much less competition from Polish apples in ...

Source: Agrobusiness