European Union: Stone Fruit Annual

In MY 2020/21, EU production of peaches and nectarines may decline 15 percent to 3.4 million MT. The drop is due to unfavorable weather conditions and a continuous decrease in total EU planted area in response to low profits. Similarly, EU cherry production is projected to lower almost five percent compared to last season to 702,700 MT. During this marketing year, the expected drop in EU stone fruit production may rebalance the market and improve EU stone fruits prices. EU stone fruit exports continue to decline because of the 2014 Russian embargo imposed on EU food products. In MY 2020/21, in response to EU domestic supplies, EU imports of stone fruits may increase. The United States is the fifth largest non-EU supplier of cherries, but imports are trending down. The EU stone fruit sector was not negatively impacted by the COVID-19 pandemic and harvest season developed normally.

European Union: Stone Fruit Annual