Batches of imported potatoes of the new harvest began to arrive en masse on the Ukrainian market

Seed Potato

Ukraine

Market & Price Trends

Published Mar 26, 2024

Tridge summary

In Ukraine, the arrival of new-harvest imported potatoes from Egypt and Azerbaijan has significantly impacted local potato prices, causing them to drop by an average of 12% in the last week. The current market sees local potatoes priced between UAH 14-20/kg, in contrast to the UAH 25-30/kg price tag on imports. This price reduction is attributed to an increase in the supply of local potatoes as sellers rush to clear last year's stock for the upcoming sowing season. Despite this recent decrease, the cost of potatoes in Ukraine remains substantially higher than last year, with prices still 2.5 times greater than those recorded at the same time in the previous year.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

From the beginning of this week, batches of imported potatoes of the new harvest began to arrive en masse on the Ukrainian market, which has already had a negative effect on the selling prices of local products. This is reported by EastFruit. Yes, only in the last week, potato prices in Ukraine have decreased by an average of 12% and today vary in the range of UAH 14-20/kg. At the same time, new-harvest imported potatoes from Egypt and Azerbaijan are on sale today at UAH 25-30/kg. At the same time, the offer of local products on the Ukrainian market also increased significantly this week. Thus, with the onset of relatively warm weather, most producers are in a hurry to sell the volumes of last year's potatoes left in storage and fully concentrate on the sowing campaign. The population ...

Source: Agravery