Hungarian gardeners expect high prices for apples

Published 2024년 8월 16일

Tridge summary

The article highlights a anticipated rise in Hungarian apple prices due to a predicted decrease in the country's apple harvest to the second lowest in the past decade, with an anticipated 330,000 tons, down from 472,000 tons the previous year. This decrease is expected to fall short of both domestic and industrial consumption needs, leading to a situation where demand exceeds supply. As a result, prices for both fresh and industrial apples are expected to significantly increase, with fresh market apples potentially costing 10-15% more and producer prices rising by 25-35%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to the weak European harvest, there is a high demand for Hungarian apples, which predicts an increase in prices. According to the forecasts of the Hungarian fruit and vegetable association FruitVeB, this year's apple harvest will be significantly lower than last year's 472,000 tons, and only 330,000 tons is expected, which is the second weakest result in the last 10 years. This is reported by Trademagazin. "It is becoming increasingly difficult to meet the domestic consumption of apples, as the production of apples for the fresh market is slightly reduced, and the number of industrial apples - significantly. The expected harvest of apples for the fresh market is about 90-100 thousand tons, which will not be enough to meet the domestic demand of 110 thousand tons. The situation with industrial apples is even more critical: the expected harvest of 230,000-240,000 tons does not cover the full capacity of the domestic processing industry," the report says. It is noted that due to ...
Source: Agrotimes

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