Apple processing sector in EU forced to rebuild due to high electricity prices

Published 2022년 12월 14일

Tridge summary

High energy costs are impacting apple producers in the EU, leading some to leave their entire crop unharvested due to high storage costs, which is expected to affect the 2022/23 apple market. Producers are also sending more low-quality apples to the processing sector, while keeping high-quality fruits for themselves. As a result, the use of apples for processing in the EU is expected to rise by 12.5% compared to last year. However, the cost of production for apple juice processors has also increased. Some processors in China have stopped production earlier to avoid rising costs, resulting in a decrease in supply and an increase in prices.

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

Original content

Rising energy costs forced apple producers in Europe to change plans for the harvest. Thus, some growers in the EU decide not to harvest the entire crop due to unbearable storage costs, which will later affect the apple market in 2022/23 MY, writes AgroPortal with reference to FreshPlaza. In addition, many producers are sending more low-quality apples to the processing sector, keeping only high-quality fruits. As a result, according to USDA forecasts, the use of apples for processing in the EU will increase by 12.5% compared to the same period last year. Growth is expected in Poland, Germany, Austria and France. This could result in increased supply of apple concentrate in the 2022/23 season, potentially dampening price momentum. However, the cost of production for apple juice processors has risen significantly. Read also: Apple prices have increased in Moldova for export to ...

Source: Eastfruit