The Malaga agri-food giant Dcoop reaches a record turnover of 1,237 million but warns of the impact of the drought

by time news

2023-05-19 19:21:02

The agri-food group Dcoopwhich has its headquarters in Antequera, closed last year with a record turnover of 1,236.9 million euros and a growth of 21,1% in relation to the previous exercise. Despite the “convulsive” year that the economy has experienced internationally, Dcoop points out that the rise in prices at source caused by the drop in production, the development of new activities and the increase in inputs (raw materials, fuel, machinery, etc) have made it possible to reach a historic figure.

However, the cooperative group chaired by Antonio Luque He already warns that he expects a “sharp drop in its productions” during this 2023.

“It must be taken into account that in the past exercise part of the harvests of the 2021/22 campaign were sold. However, and paradoxically, this is not preventing many farms of their cooperative members are experiencing difficulties due to the lack of income and the sharp rise in the cost of production such as fuel, electricity, feed or phytosanitary products”, reported this Friday Dcoop, which has also been significantly boosting its exports.

Thus, harvests such as the olive grove (which includes both table olives and oil) have suffered a decrease of more than half of their volume in the 2022/23 campaign, a decrease that it can even “become rushed” in the next campaign due to the serious drought that devastates all of Spain.

Dcoop adds that the dry situation will also affect winewhile In cereals, the harvest appears “terrible”. For their part, the sectors ranchers (goat, pig and bovine milk) are suffering “the drop in production and the increase in costs despite having high prices”.

Oil continues to lead production

The oil section has once again been the one that billed the most during 2022, with 681.4 million euros and an increase of 21.2% about 2021 when sales stood at 561.8 million. In olive there was also a significant rise of 22.4%, with a turnover of 118.5 million (compared to 96.8 million in 2021).

“The explanation is given by the fact that, Despite the fall in the harvest, there has been an increase in prices at source. The forecasts for the 2023/24 campaign are bad and can get worse if it continues without raining abundantly”, he highlights.

The supplies section (fuels, machinery and spare parts, fertilizers and phytosanitary products, store, mobile telephony, etc. for cooperative members) has invoiced 151.4 million, also with a new record compared to 2021 after an increase of 26, 10% “This figure reflects the sharp rise in inputs, something that reduces the profitability of producers“, Explain.

The livestock section, integrated by the commercialization of feed, various types of livestock (white pigs, goats and beef cattle) and animal health, reached a turnover of 130.8 million, 15.1% more than in 2021.

section of goat’s milk industrialization, with plants in Lebrija (Seville) and Antequera, had a turnover of 28.5 million euros last year, while in 2021 the figure was 22.8. The development of this new activity thus increased by 24.73%.

In wines, the business volume has also increased significantly, going from 66.9 million in 2021 to 83 in 2022 (24% more), a new top figure in this activity.

In cereals, the turnover reached 19.5 million euros in 2022, in this case with a drop of 36.2% compared to the year 2021 when 30.6 million were billed.

Diversification of nuts

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Dcoop claims that it is doing a “big bet” on nuts with an exercise of diversification of the products offered by its partners dedicated to pistachio and almond. This effort is reflected in the turnover of 2022, with a rise of 62.8% that leaves the total at 24.2 million euros.

Lastly, pomace activities amounted to 16.2 million euros last year, more than double the 7.3 million of the previous year.

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