Tridge summary
Garlic prices in Ukraine have nearly doubled this year, reaching 140-160 UAH/kg, while the cost of planting garlic has remained the same as last year. This price increase is attributed to China's strategy of reducing sowing areas to elevate prices, following a minimum drop in 2015. The increase in garlic prices has been observed globally, with Spain and Argentina capitalizing on the opportunity. However, Ukrainian producers have harvested no more than 3 thousand tons due to financial constraints among farmers, conservative thinking, and a lack of successful examples in the north, particularly with the southern occupation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
This year, garlic prices in Ukraine have almost doubled, while the cost of planting garlic has remained at the same level as last year, EastFruit reports. Sergey Shish, director of the Agroinnovation company, specified the market situation in his column on AgroTimes: “If a year ago the wholesale price of garlic at the start of harvesting in July was 83-86 UAH/kg, then this year it reached 140-160 UAH/kg. At the same time, the clove for sowing remained at the current price, that is, the most favorable conditions for the producer have developed.” The author explained that the price increase is not at all situational and occurred because China began to reduce its sowing areas in order to raise the price, because in 2015 they dropped it to a minimum. Read also: Garlic will remain one of the most promising crops for Ukrainian farmers - opinion Spain and Argentina took advantage of this ...
Source: Eastfruit
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
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.