Greenhouse cucumbers in Ukraine fell in price by 32% in a week

Published 2024년 4월 4일

Tridge summary

This week in Ukraine, greenhouse cucumber prices have plummeted by 32% from the previous week, now priced between UAH 65-100/kg ($1.67-2.56/kg), due to warm weather accelerating the ripening and supply of local vegetables, leading to an oversupply. Additionally, the influx of cheaper imported cucumbers from Romania, at about UAH 60/kg ($1.54/kg), has further driven prices down. Consequently, the current prices are on average 40% lower than they were at the start of April 2023.

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

Original content

In Ukraine, a sharp decrease in the prices of greenhouse cucumbers was recorded this week. This is reported by EastFruit analysts. It is noted that the warm weather, which has been established in almost the entire territory of the country since the middle of last week, has significantly accelerated the ripening of local vegetables. Due to the sharp increase in the supply of products on the domestic market, Ukrainian manufacturers are forced to reduce selling prices just as rapidly. So, as of April 4, Ukrainian greenhouse plants are already selling cucumbers at UAH 65-100/kg ($1.67-2.56/kg), which is on average 32% cheaper than a week earlier. Read also: In Ukraine, prices for white cabbage are decreasing "Representatives of greenhouse plants explain the downward price dynamics in this segment to insufficient demand from buyers. At the same time, the supply of cucumbers on the market continues to grow rapidly. Selections in local greenhouse plants this week increased significantly ...

Source: Agrobusiness