What will happen to bread prices in Ukraine before the New Year

Published 2024년 12월 8일

Tridge summary

In 2024, Ukraine experienced a significant increase in bread prices, primarily due to rising production costs influenced by higher raw material prices, increased lighting expenses, and logistics costs. The price of various bread production raw materials also surged, except for sugar which saw a slight decrease. The country's potato shortage, caused by a poor harvest, further contributed to the rise in vegetable prices, prompting increased imports from countries like Turkey, Poland, and the Netherlands. Researchers predict that the supply of most fruit and vegetable items on the Ukrainian market in 2025 will be dominated by domestic production.

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

Original content

Prices for bread in Ukraine in 2024 jumped sharply. The increase in prices was triggered by several factors, in particular, the increase in production prices due to the increase in the price of raw materials, light and logistics. Svetlana Cheremisina, a researcher at the Institute of Agrarian Economics, said in a commentary on Channel 24 that bread may become more expensive in the near future, but the increase in prices will be gradual. How did bread become more expensive: According to Cheremisina, since the beginning of autumn, the raw materials for bread production have also become more expensive. During October-November 2024: The only exception is sugar, which fell in price by 4.4% to 33.55 hryvnias per kilogram According to the results of the 2024 season, Ukraine faced a shortage of potatoes due to a poor harvest, which led to an increase in ...

Source: Unian