Borscht set vegetable market in Ukraine: Prices increased by 20% year-on-year, except for onions

Published 2024년 1월 30일

Tridge summary

The ongoing war in Ukraine has significantly impacted the prices of ingredients for borscht, a traditional dish. The occupation of southern regions, previously major vegetable suppliers, has led to a price increase for most vegetables in the 'borscht set', with potatoes seeing a 3.5 times increase within a year. However, onions and carrots have become cheaper. This situation has also encouraged other regions to develop their vegetable sector. Scientists predict a slight increase in vegetable prices by the end of winter 2024, with onions expected to see the highest increase due to high demand and limited supply.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During the period of the full-scale war, the prices of borscht ingredients on the Ukrainian market changed significantly, because the vegetable market in Ukraine experienced several significant shocks. This is reported by UNIAN. "On the one hand, the situation on the vegetable market has worsened, because we used to receive the lion's share of the supply from the southern regions of Ukraine, and after the occupation of some of these territories, prices have increased significantly. On the other hand, it gave impetus to other regions to develop the vegetable sector. The year 2023 showed how ready farmers and enterprises are to get involved in vegetable production," said the analyst of the Ukrainian Agrarian Business Club Maksym Hopka. According to Tetyana Popovych, head of the marketing department of the Lviv wholesale market of agricultural products "Shuvar", as of the beginning of January, the prices of all vegetables of the "borscht set", except for onions and carrots, have ...

Source: Agravery