Why has the price of apples risen sharply in Ukraine, and is it true that prices will rise quickly?

Published 2023년 10월 26일

Tridge summary

Apple prices in Ukraine have sharply increased in the past week, especially for popular varieties like Gala and Golden Delicious. The increase in prices can be attributed to several factors, including low-quality products being removed from the market, a rise in wholesale prices for bananas, and an increase in demand for Ukrainian apples in foreign markets. Despite the high prices, it is important to consider the impact of inflation and the decrease in apple production in Ukraine and the European Union. Ukrainian apples are currently being exported to the Middle East and certain EU countries, with expectations of continued price growth in the future.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EastFruit analysts draw attention to the sharp increase in prices for apples in Ukraine over the past week. So what is happening on the wholesale apple market and will apple prices continue to rise, or will prices stabilize in the near future? Let’s take as an indicator the price of the Gala apple variety, which is popular in the domestic market and is in high demand in export markets. As our price monitoring shows, wholesale prices for Gala apples have risen in price by 50% in a week! By the way, the situation was similar for other popular varieties - apples of the Golden Delicious variety also went up in price by one and a half times at wholesale. What is the reason for this price jump in apples over the past week? “Producers expect a further increase in apple prices this year, so they are trying to store quality products. Just last week, sales of low-quality products that cannot be stored ended, which led to a sharp decrease in the supply of apples on the market and an increase ...
Source: Eastfruit

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