Demand and prices for imported tomatoes are falling in Ukraine

Published 2024년 12월 6일

Tridge summary

Ukrainian traders are reporting a decrease in the prices of imported tomatoes due to an increase in supply and a decline in demand. The current prices are 54% higher than last year, but traders expect further price reductions to prevent an accumulation of unsold products in warehouses. The price reduction is also due to the quality of the vegetables offered, leading to a sharp decline in demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukrainian traders report a new wave of price reductions for imported tomatoes. A short-term but noticeable increase in prices last week was one of the reasons for the sharp decline in demand for Turkish tomatoes from buyers, according to analysts from the EastFruit project. Also, the project experts note that only a few batches of local greenhouse vegetables went on sale this week, due to the fact that most greenhouse farms in Ukraine have already completed the sales season. At the same time, the supply of imported tomatoes on the Ukrainian market continued to gradually increase, which became the main reason for the price decline in this segment. Thus, today greenhouse tomatoes go on sale at 70-80 UAH/kg ($1.68-1.92/kg), which is on average 11% cheaper than at the end of the last working week. The main reason for the negative price trend in the greenhouse tomato segment, according to producers, is a sharp decline in demand for this product, as well as the quality of the vegetables ...
Source: Eastfruit

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.