Russia: The market for frozen raspberries has gone up - a change in trends or an accident?

Published 2024년 2월 6일

Tridge summary

The frozen raspberry market experienced a revival in 2024 due to limited stocks, increased delivery times, and a blockade of the Ukrainian border by Polish farmers, which led to a rise in logistics costs and berry prices. The easing of the blockade caused a surge in demand within Ukraine, further driving up prices. Despite these challenges, the average price for frozen raspberries in January 2024 was 8% lower than the previous year, marking the beginning of a price rise cycle after hitting a low in summer-autumn 2023. However, the market remains volatile due to new logistical issues caused by Houthi attacks on civilian ships in the Red Sea.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After two consecutive seasons of a rather difficult situation with frozen raspberries, the beginning of 2024 finally shows the first positive trends in prices and demand for this berry, EastFruit analysts report. Since this material uses references to various categories of raspberry quality, you can find their description here. So, at the moment, the market for frozen raspberries has revived in all quality categories from “extra 95/5” to “crumble”. Important reasons for the market revival, in our opinion, are: - small stocks of frozen raspberries in storage. — increased time from the moment of order to delivery of products to the customer. — blocking of the Ukrainian border by Polish farmers and transport workers. The situation with the blocking of the Ukrainian border by Polish farmers had a significant impact on the frozen raspberry market. After all, Ukraine is becoming an increasingly influential player in the global frozen berries market. As a result of the Poles blocking the ...

Source: Eastfruit