In the market for greenery, there is a widespread trend of price reduction. Market Overview Week 39 of 2020

Published 2020년 9월 26일

Tridge summary

The greens market, which had been stable, underwent significant changes by the end of the first autumn month of 2020, with declining demand from buyers leading to negative price trends. Traditional and niche types of greens saw price decreases in various countries, with the most notable drops in cilantro and basil prices. Uzbekistan experienced the most dramatic changes, with dill, parsley, cilantro, and basil prices falling by 22% to 44% in just one week.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As experts predicted earlier, the stable situation in the greens market could not strengthen its position, and by the end of the first autumn month of 2020, this market underwent significant changes. As in the case of greenhouse vegetables, the reason for the current change in the situation is the gradually declining demand from buyers. So, by the end of the reporting period, the previously dominant growth trends in prices for all traditional and niche types of greens in most countries in the region of monitoring of the EastFruit project changed to radically opposite ones. Only in some countries of the region, where there was no oversupply of greens in the market during the reporting week, prices for products remained stable. The most notable fact of the outgoing week was the absence of any increase in the price of greens, and the sellers had no prerequisites for this in any of the analyzed countries. As for negative price trends, they were most pronounced in the segments of niche ...
Source: Eastfruit

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