Information for fruit and vegetables business in CIS
Ukraine: fruit prices down, greenhouse vegetables more expensive
Vegetable prices went up by 12% in Ukraine over the past week, according to Fruit-Inform. Meanwhile, fruits became averagely 10% more expensive.
It should be noted that vegetable prices grew mainly thanks to a rise of 20-25% in prices of cucumbers and tomatoes. Tomatoes became more expensive due to an increase in exporters’ demand, while growth in cucumber prices was backed by active demand in the internal market and limited supply.
At the same time, prices of traditional vegetables were stable in the majority of cases. Trading and purchasing activity was not high; however, farmers rarely were ready to make price concessions, as they considered a further decrease in prices unprofitable for them.
Potatoes became 9% less expensive due to lower demand. It should be noted that some farmers decided to stop harvesting potatoes under those price conditions.
The fruit and berry market was characterized by a decrease in prices of many categories. Apple sellers reduced their prices by 8% due to moderate demand and a seasonal rise in the supply. A seasonal factor also led to a decrease of 25% and 30% in prices of watermelons and melons, respectively. Meanwhile, peach prices stabilized thanks to lower competition with Moldovan produce in the Ukrainian market and a rise in the demand.
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.