prices

2019 EU apple campaign sees smaller crop but price recovery 

2019 EU apple campaign sees smaller crop but price recovery 

Published on May 28th, 2020

 

As expected from a moderate crop, prices during the ongoing campaign are moving within ranges significantly above the average price. During recent weeks, EU demand has been at good levels and the average prices for April 2020 are 33% above the average for the last five years (they were 23% above average in March 2020).

Price volatility points to fragility of fresh produce supply chains 

Price volatility points to fragility of fresh produce supply chains 

Published on May 26th, 2020

 

Even under normal circumstances, fresh produce prices are more volatile in the US than for almost any other commodity, according to a report by Gro. The report argues that while fresh produce markets face unique issues such as seasonality and perishability, several other inefficiencies also contribute to price volatility that need to change if we want more resilience in our supply chains.

Spanish citrus prices normalise

Prices of Spanish vegetables rocket

Prices of Spanish vegetables rocket

Published on Apr 07th, 2020

There has naturally been a surge in home-cooking in Spain since the lockdown was imposed to combat the coronavirus outbreak. This has led to a 30% increase in demand on the domestic market for vegetables, with prices of some products such as aubergines, courgettes and peppers soaring in the past week. Aubergine producers were receiving €0.10/kg until recently, but the price has now gone up to €1/kg, while courgette prices have jumped from €0.30/kg to €1/kg and Italian peppers are up from €1.60/kg to €2.20/kg,

Kiwi prices soar in New Zealand

Kiwi prices soar in New Zealand

Published on Jan 20th, 2020

New Zealand’s kiwi fruits rose 32% in price during December 2019 to €4.93/kilo, almost double the price recorded in December 2018 of €2.53/kilo. The quality of the country’s crop this campaign has been very good, albeit with a shorter harvest. The higher prices are partly due to the smaller crop and partly due to the relative absence at this point of Northern Hemisphere fruit.
Price of fresh produce rose 2.1 % overall in December, with the gains partly offset by falls in nectarine (-24%) and lettuce (-18%) prices.
 

Ecuador’s banana sector calls for higher prices to reflect new scenario

Ecuador’s banana sector calls for higher prices to reflect new scenario

Published on Nov 26th, 2019

As annual contracts with retailers are renegotiated, Ecuador’s banana industry (represented by ACORBANEC, AEBE, AGR) has released a statement regarding prices. ReeferTrends reports that German retailer Aldi has announced it will increase its buying price for Ecuadorian bananas in 2020. While the Ecuadorian banana industry welcomes the move, it feels that this rise does not fully reflect the current situation.

Report finds Amazon to be price leader in groceries

Report finds Amazon to be price leader in groceries

Published on Nov 21st, 2019

A study of online grocery retailers has found that Amazon leads the way in terms of price. Examining over 12,500 products in 16 categories, available online at Amazon.com, Walmart.com, Target.com and Jet.com, and other leading specialist retailers, the Profitero study found that Amazon was the cheapest, followed by supermarket chain Kroger.

Troubled times for EU apple markets

Troubled times for EU apple markets

Published on May 20th, 2019

The high apple stocks in the EU combined with the arrival of Southern Hemisphere fruit is putting severe pressure on prices. As of April 1, stocks were at 2.3 million tons, which is 1.1 million tons more than in 2017-18 (an unusual year), and 210,000 tons more than the more typical season of 2016-17, according to data from the World Apple and Pear Association (WAPA).  A large proportion of these stocks come from Poland, but there are large differences between one variety and another.

French consumption of fresh produce falls while expenditure rises

French consumption of fresh produce falls while expenditure rises

Published on Apr 30th, 2019

The average amount spent by French households on fruit and vegetables increased by 0.9%, from €407.5 to €411.3 between 2017 and 2018. This increase is due to the average price rise of 4.6% for the 4th consecutive year, according to the Kantar report published by FranceAgriMer. By contrast, the average quantity purchased over a year has decreased from 168.3kg to 162.4kg. The price rises concern fruit the most (+5.1%), from €2.42 to €2.55/kg. "This increase is most noticeable in metropolitan areas, where average purchase prices have risen 10.4% year on year," according to the report.

Large EU apple crop puts pressure on prices

Large EU apple crop puts pressure on prices

Published on Mar 18th, 2019

Average EU apple prices in February were 4% below the reference period average. However, average prices seem to be reaching stability and market experts expect improvements especially regarding extra-EU exports. The 2018/19 marketing year started on 1st August. After the previous year’s very small crop, the current season represents a return to high volumes, which, in terms of prices, implies a shift from very high prices to lower prices. At the Member State level there are significant differences.

Tags

We use cookies on our website to support technical features that enhance your user experience.

We also use analytics & advertising services. To opt-out click for more information.