Greek exports decline due to conflict in Ukraine and fuel prices

In Greece, fruit and vegetable exports recorded variations ranging from -6.5% to -39.1% depending on the product. Due to the conflict in Ukraine, Western sanctions as well as rising fuel prices which forced consumers to limit their demand for fruits and vegetables.

 

According to Incofruit Hellas, the association of fruit, vegetable and juice exporters, during the period from October 1, 2021 to Friday March 18, data shows that Greece exported 210,268 tonnes of oranges, a change of - 16.5% compared to the same period a year earlier. For other products, mandarin exports show -10.5%, lemon exports -39.1%, apple exports -27.6%. Only kiwis recorded a positive performance with +10.7%.

 

For tomatoes and strawberries, whose season started on January 1st, the variations reach -19.4% and -22.3% respectively according to the export figures available.

 

Various factors contributed to these decreases. The conflict in Ukraine has blocked the route of Greek shipments to the Russian market and Western sanctions against Russia have forced a redirection of exports to other markets. Countries outside the EU that traditionally traded with Russia and Ukraine must also redirect their exports. According to Greek professionals, the supply of these fruits from countries where production is cheaper than European production has increased considerably in the EU.

 

In addition, the rise in energy and fuel costs is leading to a decrease of around 10% in the consumption of fresh produce in Europe, where consumers seem to have decided to allocate their spendings to foods other than fresh fruit and vegetables. 

 

source : ekathimerini.com