The citrus market in the European Union (EU) has shown varied price movements across member states, reflecting both regional challenges and broader market conditions. In October 2024, the average EU price for oranges stood at €85/100kg, marking a 16.08% increase from September but a significant 26.26% drop compared to October 2023. This disparity underscores a complex pricing environment driven by fluctuating demand and supply factors.
Spain, one of the leading citrus producers in the EU, recorded orange prices of €88/100kg. This represents a notable 7.38% decline from the same period last year, although prices remain 29.62% above the five-year average. Meanwhile, Greece saw orange prices drop to €74/100kg, reflecting a steep 39.81% year-on-year decline and an 11.12% decrease from the five-year average, suggesting persistent supply challenges and subdued market demand.
Portugal reported orange prices at €83/100kg in October, a modest 0.92% rise from the previous month. These prices are 36.01% higher than the five-year average, indicating a relatively stable market performance compared to other EU countries. In contrast, Italy did not report specific orange price data for the period, limiting broader regional comparisons.
Overall, the EU citrus market demonstrates a mix of price recovery and declines, influenced by regional production conditions, demand fluctuations, and external trade dynamics. As the industry navigates these challenges, stakeholders are closely monitoring trends to ensure market stability and sustainability.
To view the full report, click here.
For more information:
European Commission
Tel: +32 2 299 96 96
Email: [email protected]
www.ec.europa.eu