economy
Serbia's Fruit Growing Brings in Around 1.5 Billion Euros Annually
The Minister of Agriculture, Water Management and Forestry, Dragan Glamočić, stated today that fruit growing is one of the most important branches of Serbian agriculture and that the fruit growing sector brings about 1.5 billion euros to the state annually.
TL;DR
- Fruit growing is one of the most important sectors in Serbian agriculture, generating around 1.5 billion euros annually.
- In the previous year, Serbia exported about 810 million euros worth of fruit and 200 million euros worth of fruit products, with wine and rakija adding another 400-500 million euros.
- The price of seasonal fruit depends on supply and demand, but this year's cherry, sour cherry, and apricot harvests are better than last year.
- Concerns exist regarding drought in northern Serbia, specifically Banat, potentially affecting the second sowing, but rain in the next ten days could improve the wheat harvest outlook.
- Global events influence agricultural product prices; for instance, rapeseed prices are rising due to its use in biofuel.
- Large transitional stocks of wheat from a record harvest last year suggest stable prices without significant increases.
- The market for fuel and fertilizers has remained stable, with farmers benefiting from lower diesel prices.
- Serbia has sufficient domestic production of fertilizers and produces more food than it consumes, ensuring food security for its citizens.