The drought threatens Spain with a loss rate of hundreds of millions of euros

Spain

Published Feb 12, 2022

Tridge summary

That figure was recorded in 2012, the year with the highest compensation in history (a total of 732 million); and five years later, in 2017, there was another episode of drought that involved compensation for 143 million euros, according to Agroseguro. In 2022, again after a period of five years, the alarms have already gone off due to the lack of rainfall, although it is still early to make an estimate of the accident rate and if it rains in the coming weeks the situation could be mitigated, they have commented to Efeagro sources of the sector. The regions of the southern half of Spain, along with some areas of Castilla y León, Catalonia, and the Valencian Community, are the most affected, especially in cereals, legumes, fruit and vegetables, and pastures for livestock, and if the drought persists, the almond trees, olive groves, and vineyards will also suffer. Irrigation is also affected, with reservoirs under minimum conditions such as those of the Guadiana basin (at 30.5% of its capacity), and those of the Guadalquivir (28.5%), and in both there are already restrictions on the industrial use of water.

Original content

That figure was recorded in 2012, the year with the highest compensation in history (a total of 732 million); and five years later, in 2017, there was another episode of drought that involved compensation for 143 million euros, according to Agroseguro. In this 2022, again after a period of five years, the alarms have already gone off due to the lack of rainfall, although it is still early to make an estimate of the accident rate and if it rains in the coming weeks the situation could be mitigated, they have commented to Efeagro sources of the sector. The regions of the southern half of Spain, together with some areas of Castilla y León, Catalonia and the Valencian Community, are the most affected, especially in cereals, legumes, fruit and vegetables and pastures for livestock, and if the If the drought persists, the almond trees, olive groves and vineyards will also suffer. Irrigation is also affected, with reservoirs under minimum conditions such as those of the Guadiana basin ...

Source: PEefeagro