Oranges - the current overview of the situation on European markets

Published 2020년 12월 17일

Tridge summary

The article provides an overview of the current situation of the orange market in Europe, with a focus on Spain and Italy, following the market fluctuations caused by the COVID-19 pandemic. It highlights the variation in production expectations across different regions in Spain, such as Valencia and Andalusia, attributing the overall underperformance of the citrus season to factors like the size of the fruit and the end of preferential tariffs for exports to the UK post-Brexit. The article also mentions the impact of weather conditions on market dynamics and prices, noting that while the market has stabilized, prices are lower than expected. In Italy, the blood orange season has commenced, and the market's success is dependent on several factors, including production quality and market conditions. The article also touches on the competition from other citrus-producing countries and the positive outlook for the market, with expectations of increased supply and improved quality leading to a more stable market.

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

Original content

During the blockade in March, the demand for oranges increased sharply. At the end of the year, the market in Europe has stabilized and the demand is not as high as it was a few months ago. This slowdown in demand was a disappointment in Spain, where it was initially expected to remain high. Oranges in Spain are expected to maintain production in the 2020/2021 season, although this depends on the region. In the Valencia region, production is expected to be 8 to 10 percent higher than last year, while in Andalusia, at La Vega de Guadalquivir, there is a similar production of early oranges with late varieties expected to drop by around 10 percent compared to last year year. According to various sources from the Spanish sector, the citrus season is falling short of expectations after the end of the previous one, when there was sky-high demand, limited supply and high prices. One of the reasons for the low prices is the small size of the fruit. However, recent rains are expected to ...

Source: SwiatRolnika