Information for fruit and vegetables business in CIS
Polish produce business can lose more than $ 200 mln. because of banned supplies to Russia
According to evaluations done by Polish experts, national orchardists and vegetable producers will lose much as Russia has banned recently meat and plant products import from Poland. As to the preliminary assessments, the losses born by Polish fruit and vegetable producers can be worth $ 200-300 mln. unless Russia lifts a ban as soon as possible.
Not only Polish farmers will be affected, but Russian consumers too: fruit and vegetable prices in Russia are among the highest in the Eastern Europe. To the opinion of the Agricultural Marketing Project specialists, prices on major fruits and vegetables will grow again on Russian market. Traditionally, the growing price difference may lead to the contraband supplies from Poland, through the neighboring countries as well.
Polish producers have already felt lack of supply, so they will be forced to decrease prices. As a result, Polish produce will be supplied more actively to the countries which consumers are more price-sensitive than Russians. Starting from December we can expect growing supply of Polish apples to Ukrainian market, as the decreased import tax on apples comes into force on December the 1st. Still, in December the possible price decrease on top quality apple is likely to be compensated by growing demand from the side of Russia. The country will have to search for alternative fruit and vegetable suppliers in the other countries, Ukraine in particular.
The second international conference "Fruits and Vegetables of Ukraine 2005" will be a great opportunity to meet large Ukrainian and other Eastern European wholesalers. The event will be held in Kyiv on December 5th-7th, 2005, in the National Complex Expocenter of Ukraine. Join the produce business professionals today!