Information for fruit and vegetables business in CIS
A further increase in Ukrainian fresh produce price index
Fruit-Inform's Ukrainian fresh produce price index continued to grow last week. In particular, from December 15 to 21, 2012, the price index became 14.5% higher that was the sharpest week-on-week increase rate in the current season. In the aggregate, the Ukrainian fresh produce price index has grown by a third since early December.
“As we have forecast, prices of traditional vegetables increased immediately after first frosts. Such a trend remained in effect last week, and the price index of traditional vegetables (onions, cabbage, beetroots, carrots) and potatoes became 21.2% higher”, said Ms. Tetiana Getman, Head of Fruit-Inform. “The highest increase rate was registered in prices of cabbage (20%) and potatoes (22%). In addition, beetroots and greenhouse vegetables became more expensive too”.
The price index of fruits became 1.5% higher in Ukraine due to irregular shipments of certain fruit categories in view of difficult weather conditions.
As regards further fruit and vegetable price prospects in the country, Fruit-Inform experts expect slower increase in prices of potatoes and traditional vegetables, but faster growth of the demand for fruits that may lead to their higher prices.
We would remind you that more information about current developments and future prospects in the Ukrainian and Russian fruit and vegetable markets is available for subscribers of Fruit-Inform Weekly service package.