The loss of income of the apple producers of Kastoria is estimated at 1,290 euros/1000 sq. m., due to the reduced sales prices and increased production costs, while the total loss reaches 18.31 million euros.
According to data from producers, export and commercial entities, as well as Producer Organizations in the year 2022 the selling price of apples will show a decrease of more than 50%.
According to data from the Directorate of Agricultural Economy, in the Regional Unit of Kastoria around 1420 hectares are cultivated with apples of various varieties (Red Delicious, Golden Delicious, Jona Gold, Fuji, Gala, Granny Smith, etc.), with the largest produced quantity to be sold mainly to third countries abroad (Jordan, Egypt, Arab Emirates, Lithuania, Russia, Belarus, Ukraine, etc.).
Their yield is about 4,000 kg/1000 sq. m. and the total production in the Regional Unit of Kastoria exceeds 50,000 tons.
Reduced sale price
The selling price of apples has fallen by more than 50%, according to data from producers, export and trade operators and Producer Organizations for 2022.
The reduced selling price is a result of:
- Changes to exporters’ payments imposed by Egypt (capital control)
- The embargo imposed by Belarus on the fruits of the countries of the European Union.
- The large increase in the price of energy (a jump in the price of electricity of more than 500%), which is necessary for the preservation of fruit in cold rooms.
- The increase in transport costs, due to the large increase in the price of fuel.
In order to calculate the estimated loss of income per hectare, in addition to the low selling price of the produced product, the large increase in production costs which is mainly due to:
- Increased energy prices
- Increased fuel prices
- Increased labor prices and
- Increased prices of agricultural supplies (plant protection products, fertilizers, etc.
Latest News
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.