At the end of last week, the European Commission launched a market observatory for the fruit and vegetable sector. This registration system is designed to provide greater transparency in the market. Fruits and vegetables account for about a quarter of the production value of agriculture and horticulture in the European Union.
The market observatory offers up-to-date information on prices, production, and trade in the sector. Additionally, regular market analyses are produced, and forecasts are made for short- and medium-term developments. Experts meet regularly for consultations.
The European Union’s focus is on pome fruit, citrus fruit, stone fruit, and tomatoes. The EU already has comparable registration systems for arable crops, sugar, meat, and milk. Soon, a similar platform for wine will also be launched. Through these observatories, the European Commission aims to ensure greater transparency and clarity in the market for farmers and growers.
Following the launch of observatories for crops, sugar, meat, and milk, the fruit and vegetable sector is the last to benefit from its own observatory. It will soon be followed closely by one for the wine market, which is scheduled to launch on November 4.