Huge price drop on the Polish markets: this is how much beetroot costs now

Published 2024년 12월 6일

Tridge summary

Poland is experiencing its smallest beet harvest in a decade, leading to a sudden 30% price increase in wholesale markets in October. Despite a 20% drop in prices in November, they remain 11% higher than last year and 54% higher than the previous highs. Analysts anticipate further price drops, but a sustained decrease is not expected, and prices may rise again from December, following the trend of previous years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Poland, according to the forecast of the Central Statistical Office (GUS), the smallest beet harvest of the decade is expected (240 thousand tons), which is even 5% lower than last year's, also low harvest level. It's no wonder that at the beginning of October, a massive 30% price increase suddenly occurred in the wholesale markets, and the average price rose to historic heights during October-November. At the end of November, however, the situation changed, and the average wholesale price dropped by around 20% in two stages - currently, in the last days of November, it is between PLN 0.80-1.20/kg (HUF 75-115/kg) depending on the region, quality and diameter and depending on the type (typically elongated types are more expensive) - writes FruitVeB. Even this rapid price drop was not enough for the price of beetroot on the Polish wholesale markets to fall below the highest price level of previous years: even in the 2022-2023 season, which has the highest prices so far, the ...
Source: Agronaplo

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