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August 30 2011, 14:11 Fruit-Inform

Apple prices higher than last year in Ukraine

According to Fruit-Inform Project, average wholesale prices for apples in Ukraine are 30-35% higher than in the same period of last year notwithstanding the price decrease expectations in the new season.

One of the reason for relatively high apple prices (in comparison with last year) is late maturing of apples in 2011. “Last year's spring came earlier, and summer was very hot that enabled producers to start apple harvesting almost 2 weeks earlier than this year”, Tetiana Getman, Head of Fruit-Inform Project, said. “The apple market is expected to become more active, and the supply to grow, in approximately 1.5-2 weeks that will impact prices. And expected growth of apple production in Poland and other EU countries will exert strong pressure on the market”, the expert continued.

As to the situation in the apple market of the Russian Federation, in the season 2010/11 the fresh apple consumption in this country was the lowest over last 3 seasons.

“Reduction of the fresh apple consumption amounted to 12% in the season 2010/11. However, the value of Russia's apple market increased by almost 40%”, Mrs. Getman said. “Moreover, the share of domestic apples in the Russian market was the lowest over last 5 years”.

We would remind you that more detailed information about Russia's market for apples and other fruits and vegetables will be presented during the Fourth International Conference “Fruit & Vegetable Business of Russia – 2011”. The event will take place in conjunction with World Food Moscow, September 14, 2011. Registration of the conference participants is currently in active progress.

Furthermore, the up-to-date information about Ukraine's fresh produce market will be available for participants of the Eighth International Conference “Fruits & Vegetables of Ukraine – 2011. New Exporter” which will take place during Fresh Produce Ukraine 2011 Fair, Kiev, November 30 – December 2, 2011. Registration of participation in the conference has started.

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