Top Reasons Why Andalusian Citrus prices Have Fallen Sharply
In the first three weeks of the 2021/22 campaign, the average prices of oranges, tangerines, and lemons have decreased by 11% on average each week as a result of accumulated delays in container transport that have affected the current supply of southern hemisphere citrus fruit on the world market.
The average prices of these citrus fruits at their source have been 16.5% lower than those registered in the same weeks of the 2020/21 campaign (when they were especially high due to COVID-19) and 9.8% lower than in the same period of the five preceding campaigns.
“However, professionals in the sector expect prices to increase in the coming weeks as a result of the decrease in the supply of citrus fruits in the market and the increase in demand due to the arrival of winter in Europe,” the Prices and Markets Observatory stated.
Read More