The European Sweet Oranges Real Price Index shows significant disparity across countries. In 2023, Malta had the highest index at 20.975, indicating a strong appreciation in real terms since the base year. Croatia followed at 16.723, while Italy and Greece had comparable levels at 12.067 and 12.0 respectively. Portugal, Cyprus, and Spain trailed behind, with Spain having the lowest at 7.866. The past two years have shown Malta increasing by 7.17%, Croatia by 6.5%, while Portugal and Cyprus experienced notable declines. Over a five-year period, these countries exhibited diverse trends reflecting varying structural and climatic influences.
Future trends to observe include potential impacts of climate change on orange crop yields across southern Europe, policy changes affecting trade dynamics post-Brexit, and evolving consumer preferences towards organic produce, which may drive price adjustments. Another factor to consider is the economic impact of global supply chain adjustments and energy prices, which could influence production and transportation costs, thereby affecting the real price index.
Top countries in Sweet Oranges Real Price Index by Country
| # | 7 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 209.75 | 2022 | +44.65% | +7.17% | View data |
| 2 | 2 Croatia | 167.23 | 2022 | +3.47% | +6.5% | View data |
| 3 | 3 Italy | 120.67 | 2022 | -6.22% | +0.36% | View data |
| 4 | 4 Greece | 120 | 2022 | -3.01% | +1.27% | View data |
| 5 | 5 Portugal | 99.3 | 2022 | -37.07% | -6.62% | View data |
| 6 | 6 Cyprus | 95.39 | 2022 | -30.11% | -6.33% | View data |
| 7 | 7 Spain | 78.66 | 2022 | -38.7% | -2.69% | View data |
