Information for fruit and vegetables business in CIS
Decrease of fruit and vegetable prices in Ukraine
Fruit-Inform's fruit and vegetable index shows that the value of Ukrainians' fruit and vegetable basket decreased by 0.7% last week, after no significant changes a week earlier. Prices were still averagely 2.5-fold lower year-on-year.
“As we had forecast, the period of a relative price stability set in the Ukrainian market and will be in effect till December 20-25”, Tetiana Getman, Head of Fruit-Inform, says. “Notwithstanding producers' hopes for higher potato and vegetable prices during the Pre-New-Year period of the increase in demand, any attempts to raise prices will most likely not lead to the expected results, as stocks of produce are record high now”, the expert added.
Last week, the prices for almost all fruits and vegetables (except greenhouse tomatoes) were stable. Tomatoes decreased in price by 8% thanks to higher supply of less expensive imported produce.
We would remind you that the preliminary Ukraine fruit and vegetable price forecast for the next season was presented at the Eighth International Conference “Fruits & Vegetables of Ukraine – 2011. New Exporter” that took place in conjunction with Fresh Produce Ukraine 2011 Fair, IEC, Kiev, Ukraine, November 30 – December 2, 2011.
More detailed information about Ukrainian and Russian fruit and vegetable markets is available for subscribers of Fruit-Inform Weekly service package.