From next week it will be possible to see the magnitude of the disaster and to assess the damage caused by the latest frost to fruit and citrus trees.
In fact, as commented by the Association of Exporters of Fruits, Vegetables and Juices (Incofruit Hellas), given that the antifreeze systems in some areas did not work due to power outages, the damage is expected to be greater.
In terms of exports and the new year, the flow of oranges is low, demand is lower, consumption is lower, and prices are even more pressed.
“Exports of orange and mandarins were very different from the beginning of the current trading season. In the middle of the season, the conditions have not changed, while the expectations for the oranges remain low”, comments the Association.
The price of Navel oranges continues at low levels, while the Navel Lane Late harvest continued at very mediocre prices.
On the other hand, mandarins had a good commercial effect throughout the harvesting process and achieved acceptable prices.
Cold treatment in imports of oranges
The cold treatment against the false moth (Thaumatotibia leucotreta) for the import of oranges seems to be required by the EU.
This measure is welcomed by the special advisor of the Exporters Association George Polychronakis, points out that this way the EU will protect its agriculture in the best way from the possible entry of this serious pest. “The measure does not affect mandarins or grapefruit, which may carry Thaumatotibia leucotreta. “If this insect settles in European citrus growing areas, it would be difficult to eradicate it due to the lack of approved insecticides.”
The remaining exports
Exports of strawberries and tomatoes 1 / 1-3 / 2/2022 amount to 3,208 and 2,365 tons respectively, compared to 3,380 and 3,292 tons last year.
The exports of apples continue at a low rate and from 1 / 9-4 / 2/22 their export amounts to 34,279 tons, reduced by 28.8% compared to last year.
From 1/9/2021 to 4/2/2022 the cargo announcements registered in the MENO for export-movement of kiwi, concerned 125,978 tons, increased by 9.7% of which 34,786 tons were directed to third countries outside the EU, ie the 27.6% of the total, compared to 30,701 tons last year.
The campaign of table grapes ended with a negative sign, recording a decrease of 15.9% compared to last year (61,064 tons).
Latest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%