Spain: The increased demand for citrus fruits due to the covid raises prices in the EU by 19%

Published Jan 19, 2021

Tridge summary

The citrus sector in Spain, the world's leading exporter, has experienced a boost in income during the first year of the COVID-19 pandemic, with a 19% increase in prices in 2020 compared to the average of the previous five seasons. This trend was observed in other EU producing countries as well. However, the sector faces challenges such as competition from imports, especially from countries in the southern hemisphere, and barriers in importing to the United States due to tariffs. The European Commission's Price Observatory aims to provide transparency and analysis to the fruit and vegetable market, representing about 24% of the value of agricultural production in Europe. The observatory also highlights the stagnation or decline in the area dedicated to orange and mandarin crops in the EU, while the area for lemons has seen growth due to higher profitability. The article also points out issues with breaches of contract conditions for the sale of citrus fruits by commercial operators during the 2020/2021 season.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The citrus sector seems to improve its income during the first year of the coronavirus pandemic. At least some links in an agri-food chain have benefited from which Spain is the world leader in exports, producing just over 6 million tons per season and most of which go to the European Union, which channels 95% of sales abroad. The European Commission's Price Observatory, according to the report just published by this body, reveals that the prices of citrus fruits (those taken from the stores are taken as reference) rose to an average of 59 euros per 100 kilograms (that is, € 0.59 / Kg.) during 2020, which represents an increase of 19% compared to the average of the last five orange seasons. The prices of citrus fruits paid in the warehouses of the other producing countries of the European Union: Italy (+24%), Portugal (26%) and Greece (27%), are somewhat higher than the average for Spain. Be that as it may, it must be taken into account that these nations export and produce much ...
Source: Levante-emv

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