Banana prices in Uzbekistan have risen by 14% in two weeks

Published Oct 12, 2023

Tridge summary

Wholesale banana prices in Uzbekistan have been increasing for two consecutive weeks, with a 14% average price increase in the past two weeks. However, these prices are still below the levels seen in previous years. Banana imports in Uzbekistan have been growing, with a record volume of imports in April-June 2023 due to declining prices during that period.

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

Original content

Wholesale banana prices in Uzbekistan are rising for the second week in a row, and over the past two weeks the average wholesale price for these products has increased by 14%. However, current wholesale prices remain below the levels recorded in the same period of previous years, EastFruit experts note. According to EastFruit price monitoring, from September 22 to October 6, 2023, the average wholesale price for banana in Uzbekistan increased from 14,000 to 16,000 sum/kg (from $1.15 to $1.31), which was the first significant increase in prices for these products over the past 5.5 months. Starting from the third ten days of April to the end of June of this year, wholesale prices for bananas steadily decreased, and then until the end of the second ten days of September, the average wholesale price remained stable at almost the same level. At the same time, wholesale banana prices in Uzbekistan remain below the levels of previous years. As of October 6, 2023, the average wholesale ...

Source: Eastfruit