There will be no cheap apples in the new season on the global market: Production is falling in the EU, Ukraine, and Moldova

Published 2024년 8월 9일

Tridge summary

The report forecasts high apple prices for the 2024/25 season due to a significant decrease in harvest in major EU countries, with Poland experiencing the most severe drop. This reduction in competition could present opportunities for producers in Moldova and Ukraine. However, only those providing export-quality apples are likely to benefit. The middle east may see less significant competition with European apples, due to increased production in Turkey and a recovery in production in India. The supply of apple concentrate is expected to remain insufficient, supporting prices for industrial apples.

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

Original content

Apple prices in the new apple season 2024/25 will remain high, and exporters of high-quality fruits and apple concentrate will again be in favor, EastFruit reports, citing data from the World Association of Apple and Pear Producers (WAPA), announced at the Prognosfruit 2024 conference. In addition, it seems that the situation in the industrial apple segment will remain extremely favorable for raw material suppliers. The apple harvest in the key 20 EU countries in 2024 will not only fall by 11% compared to the already low production level of the previous year (10.2 million tons versus 11.5 million tons), but will also be 14% less than the average over the past three years! A decrease in the harvest is expected in most producing countries, including France (-3%), Italy (-1%), and the Netherlands (-1%). The most serious losses will be suffered by apple producers in Belgium (-34%), Romania (-15%) and, most importantly for the countries of the EastFruit region, Poland (-20%). For ...

Source: Eastfruit