Due to the influx of Polish imports into Czech market, apple prices fell enormously

Published Dec 3, 2022

Tridge summary

In November, the price of apples in Czech stores significantly dropped due to a large import from Poland, leading to supermarkets offering the fruit at low prices despite high food inflation. This has resulted in Czech farmers considering reducing the cultivation area, as they find it unprofitable. The country's apple harvest is expected to exceed 130,000 tons, the best in four years, but farmers are leaving apples on the trees due to the low prices. The closure of Eastern European markets to Polish apples due to the Ukrainian war has led to an oversupply in the European market, putting pressure on domestic producers. The uncertain outlook and rising energy costs are causing Czech fruit growers to face potential significant losses, leading to a decrease in the cultivation area.

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

Original content

The price of apples fell enormously in Czech stores in November, but this fruit is mainly imported from Poland. Due to the influx of Polish imports into the Czech market, supermarkets offer the fruit cheaply, so apples do not keep up with the drastic rise in food prices. Due to low prices and unprofitable cultivation, Czech farmers are planning to further reduce the area under cultivation. In the Czech Republic, this year's apple harvest is expected to exceed 130,000 tons, which is considered the best harvest of the previous four years, but there are already rumors that domestic producers prefer to leave the fruit on the trees. This is a problem not only because apples are the most popular fruit in the Czech Republic, but also because while in October the average consumer price was around 35.4 crowns (600 HUF/kg) (this is already 2% lower than the average price in October last year , and 10% lower than the October 2020 average), from early to mid-November, the goods are offered to ...

Source: Magro