In Ukraine, blueberries are already cheaper than raspberries

Published 2024년 7월 21일

Tridge summary

Ukrainian blueberry prices have plummeted to a record low of UAH 80/kg (around $1.9 USD per kg) due to increased global production and the devaluation of the hryvnia amid the Russian invasion. Despite the low prices, experts like Andrii Yarmak from the FAO see potential for increased consumption and improved efficiency among producers. Ukraine's established experience in blueberry cultivation, exemplified by successful exports to European supermarkets, and the growing frozen blueberry market, particularly in the EU and Asia, present opportunities for investment and expansion, even in the face of challenges like energy infrastructure attacks.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On the market of Ukraine this week, the trend of a sharp decrease in blueberry prices continued. This is reported by EastFruit analysts. Yes, Ukrainian farmers are already offering their berries at prices starting at UAH 80/kg, which is less than $2 USD per kg! And to be more precise, about $1.9 or 1.8 euros per kg! It is noted that this is an absolute price anti-record for blueberries in the history of Ukraine. What's more, raspberries for the fresh market are now sold wholesale for no less than UAH 100/kg, and raspberries for freezing - from UAH 60 to 80/kg. For comparison, earlier the shock for the producers was a decrease in the price of the berry to the level of $2.5 per kg, but such price drops happened only episodically, and the price usually stayed at such a low level for no more than a week or two. If we talk about the time when most of the blueberry plantations were planted in Ukraine, then the average wholesale price for this berry in that period did not fall below $6-7 ...
Source: Agrobusiness

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