March 27 2012, 11:06 Fruit-Inform

3.7-fold decrease in fruit and vegetable prices in Ukraine

Fruit-Inform's fruit and vegetable index shows that the value of Ukrainians' fruit and vegetable basket is currently 3.7 times as low as in the same period of 2011 that is caused mainly by overproduction of vegetables and potatoes in the country.

“As we had already forecast a year and a half ago, the most significant decrease in prices was registered in the segment of traditional vegetables which kept on falling in price”, Mrs. Tetiana Getman, Head of Fruit-Inform, said. “Prices for traditional vegetables (onions, white cabbages, red beets, carrots) are 7.7 times as low as last year, while potatoes are more than 5 times lower year-on-year”, the expert continued.

At the same time, greenhouse vegetables fell in price by 16% year-on-year, and fruits became 18% less expensive.

We would remind you that more detailed information about the Ukrainian and Russian fruit, vegetable and potato markets is available for subscribers of Fruit-Inform Weekly service package.