Ukraine: Prices for garlic have doubled since last year

Published 2024년 12월 11일

Tridge summary

Garlic prices in Ukraine have experienced a significant increase this year, reaching between 140-160 UAH/kg, essentially doubling from the previous year. This price hike is attributed to a combination of factors, including a decrease in the import of garlic from China and domestic shortages. The high prices are also influenced by the unchanged cost of planting garlic and the limited supply of Ukrainian garlic due to challenges in cultivation and storage. Despite these challenges, a significant decrease in garlic prices is not anticipated before the New Year holidays. The current situation suggests that garlic prices may stabilize in the winter season, although fluctuations are possible depending on the yield and import volumes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, garlic prices in Ukraine have almost doubled compared to last year, reaching 140-160 UAH/kg in the group. They were affected by a decrease in the supply of imported products and a shortage of domestic products. This is stated in the press service of the wholesale market of agricultural products "Shuvar" in Lviv. According to Tetyana Popovych, the head of the marketing department of the Shuvar market, the main reasons for the price increase are the decrease in acreage in China, which is the main supplier of this product, as well as difficulties with growing and storing domestic garlic. At the same time, the cost of planting garlic remained at the level of last year, which creates favorable conditions for producers. However, due to limited cultivation areas and difficulty in care, the supply of Ukrainian garlic remains low, which supports high prices. Given the current trends, a significant decrease in garlic prices is not predicted before the New Year holidays due to the ...
Source: Agrotimes

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