Analysts predict that the price of Ukrainian potatoes will continue to rise during the spring

Published 2024년 2월 6일

Tridge summary

The Ukrainian potato market has seen a significant price surge in early 2024, with costs quadrupling from the previous year to 18-23 hryvnias per kilogram. This increase is due to challenges in potato cultivation caused by unpredictable weather, a reduced European harvest, and poor product quality impacting long-term storage. Analysts anticipate further price hikes in the spring as imported potatoes will also be expensive. This situation underscores the intricate dynamics of the Ukrainian potato market, which is affected by both domestic production issues and external trade factors.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the beginning of 2024, the Ukrainian potato market faced an unprecedented price increase. In the last month of winter, potato prices reached an impressive level of 18-23 hryvnias per kilogram, which is four times higher than last year's prices, says Tetyana Popovych, head of the marketing department of the wholesale market of agricultural products "Shuvar" in Lviv. The reasons for the price jump are multiple and include such aspects as: - difficulties with growing potatoes due to unpredictable weather conditions, which prompted farmers to revise their agrarian priorities in favor of other vegetables; - reduction of harvest in Europe; - product quality that does not meet the requirements of long-term storage. Analysts predict that the price of potatoes will continue to rise during the spring, as the imported products that will enter the market will not have low ...
Source: Agravery

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