Recovery of EU apple prices this season

Published on Feb 17th, 2020
Recovery of EU apple prices this season

 

EU apple prices during the ongoing campaign are significantly above the average for the past five years, due to the small crop. According to Wapa/Prognosfruit data, this campaign’s crop is down 20% from the preceding year and 11% below the 5-year average.  Compared to the challenging 2018/19 campaign (excess of supply in some Member States, especially in Poland), 2019/20 has seen a great recovery in the sector. EU apple stocks on 1st December 2019 were at their lowest level since 2012.

Although the average EU apple price this campaign is well above five-year average, there are some divergences between Member States. Poland’s prices have seen the greatest recovery. French apple prices are above average but lower than the preceding campaign, as the French crop is actually larger this season. Meanwhile, German prices were slightly above average and Italian prices have recovered gradually from a difficult end to the previous marketing year.

For prices to remain high, EU internal demand will need to stay high. A mild winter could thwart this aim by dampening demand.

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