Information for fruit and vegetables business in CIS
Price collapse in Ukrainian fruit and vegetable market in early May
Fruit-Inform Ukrainian fresh produce price index has fallen by 20.6% in the week from April 30 to May 6. Moreover, fruit and vegetable prices have become averagely 43.5% lower over the past three weeks.
«Prices of three fresh produce categories have more than halved: early white cabbage, greenhouse cucumbers and strawberries», says. Ms. Tetiana Getman, Head of Fruit-Inform. «It should be noted that a decrease in prices could have been even more significant if it were not for rises of 10% and 7.7% in prices of onions and table beets, respectively».
Prices of early white cabbage have for the first time in this season fallen below those fixed for last year's produce. As a result, the demand for early produce sharply grew. Meanwhile, prices of last year's white cabbage also went down due to a decrease in the demand for this fresh produce category in the Ukrainian market.
As regards fruit prices, they were stable last week except for strawberry ones.
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.