Two new market observatories, respectively for fruit and vegetables and for wine, will be launched by the European Commission later this year, the institution announced on Friday 22 February.
These observatories aim to provide more transparency and data on key sectors of European agriculture, the Commission commented in a press release.
Together, these sectors account for about 30% of the value of EU agricultural production: 24.1% for the fruit and vegetables sector and 5.4% for wine.
The Commission has already launched observatories for various markets (cereals, sugar, meat and milk). These tools have been put in place to help the European agricultural sector to “deal more effectively with the volatility that exists on the markets and to increase their transparency”, the Commission recalled.
The fruit and vegetable sector includes a wide range of products. The observatory will also focus on tomatoes, apples, citrus fruits, peaches and nectarines.
The two new observatories will have a website and provide a wide range of data (market analysis and short and medium-term prospects).
In parallel, a board of market experts from each sector will meet regularly to review the market situation and its data. (Original version in French by Lionel Changeur)