USDA: Stoneberry production in Europe would fall in 2020/21 season

Published 2020년 9월 4일

Tridge summary

A USDA report has forecasted a significant decrease in the production of peaches and nectarines in Europe for the 2020/21 season, with a projected 15% drop to 3.4 million tonnes due to adverse weather conditions and a reduction in planted areas. The total planted area for these fruits is anticipated to decrease to 216,550 hectares. The cherry production is also expected to decline by about 5-7%, adding up to 702,700 tonnes. These decreases could lead to a more balanced market and higher prices. The COVID-19 pandemic has not significantly impacted the EU stone fruit sector, and there has been an increase in the consumption of fruit and vegetables in the EU during the quarantine. As a result of the low internal production, it is expected that EU stone fruit imports will rise, with a majority of imports coming from Chile, South Africa, and Morocco.

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

Original content

A report estimated that the production of peaches and nectarines in Europe could fall by 15% in MY 2020/21 to 3.4 million tonnes. The decline would respond to weather problems and the constant decrease in planted areas due to lower profits. In fact, according to FAS Post projections, the planted area is expected to trend downward to 216,550 hectares in the 2020/21 season. The report, carried out by the USDA, indicated that the decrease in volumes in MY 2020/21 (January-December) could bring greater balance to the market and improve prices. Furthermore, cherry production is also expected to decline by approximately 5% to 702,700 tonnes. This drop is also due to bad weather conditions during flowering and ripening of cherries. According to FAS projections, the updated data for the total area planted for cherry trees in the EU is expected to stabilize around 162,000 hectares in the 2020/21 season. In the 2019/20 marketing year, EU cherry exports decreased by 45% in volume to 8,712 ...

Source: ClPortalFrutiCola