Information for fruit and vegetables business in CIS
Ukrainian fresh produce price index down due to problems with exports to Russia
Fruit-Inform Ukrainian fresh produce price index went down by 2.9% in the week from March 15th to 21st, after a decrease of 0.4% a week before. At the same time, prices of the majority of fruits and vegetables are still significantly higher year-on-year.
“A decrease in the fresh produce price index is connected with a sharp fall in prices of greenhouse vegetables, which were registered due to growing outputs and problems with exports to the Russian Federation”, says Ms. Tetiana Getman, Head of Fruit-Inform. “Citrus and banana prices also went up due to instability in the currency market, and white cabbage became more expensive thanks to lower stocks of high-quality produce”.
The internal demand for fruits and vegetables is still rather low in Ukraine. The most negative performance is observed in the Autonomous Republic of Crimea, where farmers had to reduce their prices to attract purchasers from other Ukrainian regions. However, taking into account problems with money transfers and transportation risks in the occupied territory, the interest was not very high.
We would remind you that more detailed information about current developments in the Russian and Ukrainian fruit and vegetable market is available for the subscribers of Fruit-Inform service packages.