Tridge summary
Analysts have warned of a potential raspberry boom in Ukraine's 2022 harvest due to a significant increase in requests for raspberry seedling purchases, driven by high market prices for raspberries. This situation reminds many of the 2017-2018 raspberry boom, which ended sadly for many entrepreneurs. The high profit margins from raspberry cultivation, especially for export, have attracted substantial investment despite warnings from FAO and EBRD about the lack of freezing capacity and the need for cooperation among producers. The quality of raspberries and cost of seedlings are concerning issues, with many opting for low-quality seedlings that result in poor productivity or low-quality berries. Although there is growth in freezing capacities in Ukraine, the quality of production remains a concern, which could lead to an oversupply and crashing prices if producers do not improve the quality of their products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
EastFruit analysts draw attention to the threat of another "raspberry boom" by the harvest of 2022. Representatives of berry nurseries confirm a sharp increase in requests for the purchase of raspberry seedlings this year, against the background of record high prices for raspberries on the fresh market, as well as for raspberries purchased for freezing and export. Unfortunately, the memory of the first raspberry boom of 2017-2018 has already begun to fade from the memory of many Ukrainian entrepreneurs. This means that the repetition of the sad scenario for many is quite probable. Therefore, we decided to recall how events developed, as well as explain what exactly went wrong in those years, and why "Raspberry Boom 2" is quite possible. After the ban on the export of fruits and vegetables from Ukraine to Russia, many entrepreneurs began looking for investment opportunities in high value-added products that could be successfully exported. At this time, Ukraine has already ...
Source: Eastfruit
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