Information for fruit and vegetables business in CIS
Fruit and vegetable prices more almost halve in Ukraine since the mid-April
Fruit-Inform Ukrainian fresh produce price index has decreased by another 5.2% in the week from May 7th to 13th, after a fall of 20.6% a week before. As a result, the price index has fallen by 48.7% over the past four weeks. However, the market situation was mixed last week.
«Despite a cumulative decrease in the price index, carrots, red beets, onions and potatoes became more expensive last week. However, a cumulative rise in prices of traditional vegetables amounted to 3.1% due to a fall of almost 40% in prices of early white cabbage», says Ms. Tetiana Getman, Head of Fruit-Inform. «An unexpected increase in strawberry prices should also be mentioned, as rainy weather has resulted in lower supply of strawberries in the Ukrainian market».
As a result, a further fall in greenhouse vegetables made the largest contribution to a cumulative decrease in the Ukrainian fresh produce price index. Cucumbers became 28.6% less expensive, and tomato prices went down by 17.9%.
Fruit prices were stable for the second week in a row. In particular, apple growers' hopes for a rise in prices in May have not come true yet, as apple supply is still rather considerable in the country.
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.