Because of the war, the prices of bananas soared in Ukraine

As of the end of April 2024, the wholesale price of bananas in Ukraine for 1 kg reached $1.26 and exceeded last year's record of $1.23, while retail prices range from $1.7 to $1.8 per kilogram. This is reported by EastFruit. Ukraine usually has the lowest prices for bananas in the region, but Russia's aggression has led to the blockade of ports, which has sharply increased prices in the local market, because bananas are now imported from ports in other countries. Banana prices in Eastern Europe are also at record highs for this time of year. And although the excess of previous record price levels is relatively small, it has a negative impact on consumption prospects. According to analysts, there are two main reasons for the increase in banana prices in Eastern Europe this year. The first is climate change, which has a negative impact on the volume of production of these fruits in the countries of Central America. The second reason is relatively high prices for apples, which allows ...