Information for fruit and vegetables business in CIS
A decrease in Ukrainian fresh produce price index
Fruit-Inform's Ukrainian fresh produce price index decreased by 3.6% last week that was lower than expected after a jump of 40% in fruit and vegetable prices in December.
“The main reason for lower prices was a sharp fall in prices of imported cucumbers and tomatoes after New Year holidays”, said Ms. Tetiana Getman, Head of Fruit-Inform. “At the same time, despite many market participants' expectations, the price index of traditional vegetables (onions, cabbage, beetroots, carrots) kept on growing and increased by 7.6% with the sharpest growth rate registered in the onion segment”.
More precisely, cabbage and beetroots became 7-8% more expensive, while onion prices went up by 17% that was favored by an increase in exporters' demand.
Fruit prices were stable in the majority of cases as suppliers had not managed to raise them in the pre-holiday period due to steady fruit supply and demand balance in the country.
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.