Carrots are rapidly becoming more expensive in Ukraine

Published Nov 1, 2024

Tridge summary

Carrots are experiencing a significant price increase in Ukraine, with prices rising by an average of 12% in the past week and being 3.3 times more expensive on average than last year. This increase is due to heightened market activity, with wholesale companies and individuals stockpiling for the winter. The price hike is seen across all quality levels, with high-quality carrots commanding UAH 18-25/kg ($0.16-0.22/kg). The cost of other vegetables like cabbage, potatoes, beets, and apples have also seen substantial increases this year due to various factors, including adverse weather conditions and reduced cultivation areas.

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

Original content

Carrots are becoming more expensive in Ukraine due to increased trading activity on the market. In particular, vegetables are purchased by wholesale companies for long-term storage and by the population preparing for winter. Analysts of the EastFruit project noted that farmers are shipping high-quality carrots at UAH 18-25/kg ($0.16-0.22/kg), which is on average 12% more expensive than at the end of the last working week. At the same time, experts noted that only high-quality vegetables are becoming more expensive. Currently, carrot prices in Ukraine are already 3.3 times higher on average than in the same period last year. In addition, it is worth expecting that vegetable prices will continue to rise, provided that the current sales rates are maintained. At Auchan, carrots are sold at UAH 24.90/kg. At the same time, in ATB, vegetables cost UAH 26.89/kg. At the same time, prices for carrots in Silpo start at UAH 27.60/kg. Prices for products in Ukraine have been rising for more ...

Source: Unian