Hungary: Spring brought a considerable price drop on the domestic market of snake cucumbers

Published 2023년 4월 22일

Tridge summary

Unusually low cucumber prices in Hungary are causing concern for domestic producers due to an unexpected surplus and a potential unprofitable spring season. The situation arose due to a significant decrease in imports, particularly from Spain, and an increase in domestic production, leading to a supply-demand imbalance. This has resulted in net producer prices dropping to HUF 300-350/kg, a quarter of the usual price, and raising concerns about the quality and efficiency of imported cucumbers. Experts recommend prioritizing domestic cucumbers for their higher quality to mitigate the effects of the market anomaly.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cucumber prices, which were still particularly high in February and March, reflecting a shortage of goods, fell to an unprecedented extent before Easter. In the early spring period, the import commodity base that ensures domestic supply has decreased significantly due to the extremely cold weather experienced in Spain, which produces the most cucumbers. In the case of the products produced here, there was a decrease of over 30 percent. This unexpected shortage resulted in extremely high net purchase prices of HUF 1,000-1,100/kg, which meant a gross price of over HUF 2,000/kg on store shelves. According to Zoltán Gubacsi, the vice-president of FruitVeB, this process unexpectedly turned 180 degrees in recent weeks and a large surplus of goods was formed, which rearranged the demand and supply side. We reviewed FruitVeB's material. By the time the Hungarian snake cucumber appeared in larger quantities on the markets, the producer price fell to unprecedented depths in the week before ...
Source: Magro

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