The price of Valencia oranges on the supermarket shelves even reached 2.5 euros/kg, once again putting a fire in consumers’ pockets. At the same time, the producers of Argolis stress that this price was formed due to the supply of only imported products, as with the entry of Navalina, the prices of oranges will be adjusted to normal levels for the season.
In particular, the producer price, according to data provided by the Standing Committee of Cooperatives of Argolis (DESA), on November 8, 2023 was set at 0.46 euros/kg for navalinas and 0.81 euros/kg for clementines. These prices refer to A’ quality products and are mixed, i.e. they include all costs (collection, cultivation, contributions, depreciation, etc.).
Accuracy: Record prices for orange juice
Accordingly, according to the same data, Greek Navalina oranges are being sold this week on the supermarket shelf at 1.10-1.15 euros/kg. For their part, however, the cooperatives of Argolis, responding to the reports of the last few days about the prices of oranges in supermarkets at 2.5 euros/kg, explain that “they are referring to the temporary event that is observed every year in the months of October – early November, due to the supply of only imported oranges and the domestic, late Valencia variety, which completed its commercial run for this year with the appearance of the navalina, and prices were adjusted to normal levels for the season.”
The image of the citrus market
According to DESA, there is currently an increased demand for citrus fruits and little supply on the European market, while a further increase in demand is expected in the coming weeks.
This year is late, the products have excellent quality characteristics, but fall short in weight, which will increase in the next period.
The representatives of the Cooperatives of Argolis recommend to the producers restraint in the offer, so that the products acquire an economically efficient weight.