Flood Damage in Albania Could Reach €300 Million

RksNews
RksNews 2 Min Read
2 Min Read

Recent floods and frosts in Albania have caused extensive damage to agriculture, livestock, and infrastructure, with preliminary estimates suggesting total losses could reach €300 million.

Agricultural impact:

  • Around 12,172 hectares of farmland affected, including cereals, forage crops, vegetables, and orchards.
  • 5,791 farmers impacted, with losses spanning both small and large-scale producers.
  • Estimated damage for farmers ranges €140–150 million, while the market value of lost production could reach €300 million.
  • Key regions hit include Fier, Korçë, Berat, Shkodër, and Lezhë, with vegetables in greenhouses and fruit trees severely affected.
  • Livestock losses include 5,551 animals affected due to floodwaters, lack of fodder, and exposure to cold.
  • Beekeeping also impacted, with 147 hives damaged, resulting in economic losses for small producers.

Economic and export consequences:

  • Floods are expected to reduce fruit and vegetable exports by 20–30%, translating to €21–63 million in lost export revenue.
  • Disruptions in production and damaged infrastructure could drive up domestic food prices and increase costs for farmers and exporters.

Infrastructure and housing:

  • At least 1,587 homes flooded, with thousands more affected, damaging furniture, equipment, and household structures.
  • Roads and transport networks were heavily impacted, with blockages and partial collapses reported, highlighting vulnerabilities in flood management and urban planning.

Government response and challenges:

  • Emergency funds currently cover less than 5% of estimated losses.
  • Authorities, including Prime Minister Rama, have pledged compensation, but the Ministry of Agriculture is still updating total damage assessments.
  • Experts stress the need for integrated solutions, including improved greenhouse infrastructure, early warning systems, and financial support for farmers to mitigate future climate-related risks.