The Wholesale Price of Fresh Carrots in Japan Plummeted 27.38% MoM Due to Increased Supply

The wholesale price of fresh carrots in Japan dropped 10.29% WoW to USD 0.61/kg in W1 of February 2023. The monthly price drop is striking, with a 27.38% MoM decline from 0.84/kg in W1 of January 2023. Increased supply and market cooldown have led to a price decline. However, according to Yuta Watanabe Tridge, Distribution Manager in Japan, the situation will change in February.