Mixed fortunes in Zimbabwe’s agriculture market

Published 2024년 6월 12일

Tridge summary

Zimbabwe's agriculture commodities market is experiencing mixed fortunes due to currency volatility, leading to availability and affordability issues of basic products. Open air vegetable markets are indicators of the sector's performance, showing shortages of commodities like onions, tomatoes, and potatoes during the winter cropping season, with prices doubling due to farmgate shortages. The new Zimbabwe Mercantile Exchange (ZMX) is designed to improve commodity availability, but its success is limited by contract farming issues and hostile weather conditions, which have damaged seasonal vegetables. Despite initiatives to promote farm produce, consistent farm to market delivery has been lacking.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Zimbabwe’s agriculture commodities market is navigating mixed fortunes amid currency volatility, impacting the availability and affordability of basic products. The country’s open air vegetable markets, a barometer for the agriculture sector’s performance, offer insights into commodity availability and pricing. These markets, where agriculture produce is traditionally available year-round, have seen shortages due to diminished commercial agriculture production. The scarcity of commodities such as onions, tomatoes, and potatoes during what was once a thriving winter cropping season has raised concerns over the long-term production of staple agriculture commodities. Surprisingly, even with Zimbabwe’s history of basic commodity shortages, the scarcity of green produce has caught many consumers off guard. Shortages have led to basics like tomatoes and onions costing more than double their regular price, attributed not directly to inflation, but to farmgate shortages. Supermarkets, ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.