Information for fruit and vegetables business in CIS
Ukrainians pay 2.5-fold less for fruits and vegetables than a year before
According to Fruit-Inform, as of early November 2011, the value of Ukrainians' fruit and vegetable basket is 2.5-fold lower year-on-year. Such a situation makes consumers happy but is rather unexpected for many farmers, who responded to the government's call to expand planted areas under vegetables and potatoes promising high profits.
“The record-breaking production of almost all traditional vegetables and potatoes keeps on exerting pressure on the market and maintaining low price levels”, Tetiana Getman, Head of Fruit-Inform, says. “Moreover, the growth of prices for potatoes and traditional vegetables should not be expected in the second half of the season notwithstanding numerous statements about such expectations. Such statements are more “dreams” than forecasts, as it will be impossible to get rid of all surplus in the market without throwing produce out”, the expert continues.
Only prices for greenhouse vegetables will be growing in the nearest time, as consumption of these products traditionally increases in the period from November to May. Fruit prices will remain relatively low thanks to availability of fruits of a new harvest from the Northern Hemisphere and abundant supply of domestic apples in Ukraine. Closer to the New Year holidays, fruits may slightly grow in price. However, the value of Ukrainians' fruit and vegetable basket will be 3-4 times lower year-on-year in the last months of the season, as we have forecast a year before.
We would remind you that the preliminary fruit and vegetable price forecast for the next season (2012/13) will be presented at the Eighth International Conference “Fruits & Vegetables of Ukraine – 2011. New Exporter”. This event will take place in conjunction with Fresh Produce Ukraine 2011 Fair, IEC, Kiev, Ukraine, November 30 – December 2, 2011.
In addition, the third conference day (December 2, 2011) will be fully dedicated to the International Trade Forum with about 30 Ukrainian and Russian retail chains and traders (X5 Retail Group, Viktoriya, Tander, Auchan, Metro, ATB-Market, Kontinent, Karavan, Klass, Ukrainskiy Retail, Billa, Furshet, Velyka Kyshenya, Varus, Fozzy Group and many others).
To hold the Trade Forum in the most convenient way, the organizers will arrange the meetings according to the concerted schedule. The meetings schedule will be fully completed closer to the start of the conference. The format of meetings – 15-minute negotiations. Those participants, who have registered earlier than others, will be able to get more convenient schedule of meetings. Final list of retail chains and importers will be confirmed by November 15, 2011.
To register your participation in the conference and Trade Forum, please fill out an application form, which is available here.
Would you have any questions regarding participation in these events, please contact:
International Relations Department of Fruit-Inform: Mr. Ievgen Kuzin, tel.: +380 56 2320795 (ext. - 341), cell: +380 96 5836323, email: [email protected].