Tridge summary
Prices for onions in Ukraine have fluctuated, with a recent decrease attributed to lower demand and an increase in the sale of medium and low-quality vegetables. Current prices range from 10-16 UAH / kg ($ 0.24-0.38 / kg), marking a 16% drop from the previous week. The price reduction is also due to deteriorating quality of onions in storage. However, many farmers are withholding onions from the market due to low prices, as they were selling at 20% higher prices in early December 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
After a recent rise in prices in Ukraine, the selling prices for onions have fallen again, according to analysts from the EastFruit project. The main reason for the downward price trend was a decrease in demand in this segment, due to the fact that producers are increasingly offering vegetables of medium and low quality for sale. Thus, today, sales of onions are formed within the range of 10-16 UAH / kg ($ 0.24-0.38 / kg), which is on average 16% cheaper than at the end of the last working week. It should be noted that closer to the weekend, wholesale lots of onions in Ukraine are already being sold at prices inferior to the indicators of the previous season. Sellers are forced to reduce prices due to a noticeable decrease in demand in this segment. At the same time, the quality of onions in storage is rapidly deteriorating, due to which their owners are reducing prices in order to stimulate sales rates and quickly sell out the existing volumes of such products. Read also: ...
Source: Eastfruit
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