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
Number of Turkish Visitors to Greek Islands up 10-Fold After 7-Day Express Visa
More than 20,000 Turkish tourists flocked to the eastern Aegean isles during a nine-day religious period in the neighboring country
Greece to Protect 198 ‘Untouchable Beaches’
These beaches, numbering 198 across the country, fall within the Natura 2000 network and will be off-limits for concession and, by extension, for the placement of umbrellas, sunbeds, etc.
BoG: Feb. Current Account Deficit up by 1.8bln
At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).
Greece Becoming a ‘Refuge’ for German Pensioners
The government's policies to attract foreign property buyers to boot the economy is working, reports German newspaper Handelsblatt
Iran Activates Air Defense System- Reports of Attack by Israel
An Iranian official said explosions reported by Iran's media were the result of the activation of the country's air defense system, yet media reports attribute them to a drone attack by Israel
Poll: Greeks, EU Citizens Eager to Vote in European Elections
EU citizens are eager to vote in the upcoming elections for the European Parliament in June, with eight in 10 saying the current geopolitical situation makes voting imperative
Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
The Greek PM himself made the announcement from Brussels on Thursday, while he also responded to a question on Athens' intent to create a marine park in the central Aegean, an environmental initiative
Greece Aims to Boost Energy Capacity, Economy with Offshore Wind Farms
Greece’s Energy Ministry is pushing legislation to accelerate the construction of the first floating wind farms in Greek seas
Reuters: Greek Economy Surges After Decade of Pain
Nevertheless, the article also highlights some of the challenges facing the country, with a falling birthrate and labor shortages posing a threat to the long-term outlook
IMF: Greek Growth in 2024 at 2%; Debt to Ease to 158.8% of GDP This Year
Projected consumer prices are forecast to rise by 2.7%