News

Italy: Flood effect, fruit prices up 15%

Fruits
Italy
Published May 29, 2023

Original content

An increase in wholesale fruit prices of 15% compared to May 2022 and greater dependence on Spain for procurement. These are some of the consequences of the flood estimated by the observatory of the Rome Agri-food Center for the coming weeks. Already today, early Italian cherries and apricots are scarce in wholesale markets, he reveals, due to the rains and low temperatures in May, as well as peaches and nectarines. Following the flood, CAR estimates, there will also be less availability on the markets of some summer and autumn products (late varieties of peaches, nectarines but also persimmons). For newly produced Emilian apples and pears, in addition to the flood, even the late spring frosts will have an impact on the offer of the new crop. The lack of availability, according to the CAR, will lead to a 15% increase in prices in the coming weeks compared to May 2022. Given the lower availability of Italian fruit on the shelves, an abundance of supply will arrive from abroad and ...
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