Supply disruptions led to higher prices for imported tomatoes in Ukraine

Published 2023년 2월 14일

Tridge summary

Demand for greenhouse tomatoes in Ukraine has increased while supply has decreased, leading to a price increase of 10% in a week, according to EastFruit project analysts. Turkey, the main supplier, has experienced unfavorable weather, reducing their supply to foreign markets. As a result, imported tomatoes are 1.5 times more expensive on average compared to January 2022. However, market participants anticipate prices to decline by mid-February as Ukrainian greenhouses start selling their new turnover of vegetables.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A noticeable increase in demand for greenhouse tomatoes in the Ukrainian market, as well as a significant reduction in their supply, stimulate another price increase in the segment, EastFruit project analysts report. Turkey is the main supplier of greenhouse products to the Ukrainian market at this time of the year, but the last few weeks have been marked by unfavorable weather, which led to a significant decrease in the supply of greenhouse vegetables to foreign markets. As of January 27, 2023, imported tomatoes were sold at 65-73 UAH/kg ($1.78-2/kg), showing an increase of 10% in a week. The main reason for the increase in prices, according to traders, is the fact that the supply of greenhouse tomatoes on the Ukrainian market has been reduced to a minimum. Most of the greenhouse enterprises have already completed the sale of vegetables from the previous turnover. At the same time, the demand remains consistently high, which is the main driver of price growth. It should be noted ...
Source: Hortidaily

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