Orange prices in Europe fluctuate due to market difficulties. The European citrus market faces high volatility, with orange prices experiencing notable variations due to various factors. According to the latest data, the average price of oranges in the EU stood at €73.18 per 100 kg in September 2024, a decrease of 9.24% compared to August. The price decline is partially attributed to fluctuating demand and supply constraints caused by weather anomalies and market dynamics.
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Regional disparities in orange prices
While the EU average price has fallen, regional variations persist. In Greece, orange prices increased by 30.18% compared to September 2023, reaching €71.04 per 100 kg. Conversely, Portugal recorded €82.24 per 100 kg, an increase of 21.75%. These disparities highlight the diversity of market conditions and reactions across Member States.
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Export dynamics and supply constraints
The European Union has also seen a decrease in orange imports, impacting availability. From July to September 2024, imports were significantly lower than the same period of the previous year, as countries such as South Africa and Egypt supplied fewer oranges due to unfavorable weather conditions and logistical problems.
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Outlook for the citrus market
Despite these challenges, the citrus market remains strong, thanks to efforts to stabilize supply chains and improve market conditions. Analysts predict that the combination of favorable weather forecasts and strategic import adjustments will help balance the market in the coming months.
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For more information:
European Commission
Tel: +32 2 299 96 96
www.agriculture.ec.europa.eu
