Experts named the reasons for the drop in cabbage prices in Ukraine

Fresh Cabbage

Vegetables

Ukraine

Market & Price Trends

Published Mar 19, 2024

Tridge summary

The price of white cabbage in Ukraine has seen a 17% decrease due to various economic factors including inflation and exchange rate. The oversupply of vegetables and a decrease in demand have also played a role in this price drop. Experts anticipate a further decline in prices as producers are faced with large inventories they need to sell before the next harvest. The quality of crops is also a concern for Ukrainian farmers.

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Original content

White cabbage in Ukraine fell in price by 17% in the middle of the week, and experts predict a further collapse of prices for this vegetable. This is reported by UNIAN. Analysts single out the following price change factors: A country's economic conditions, inflation, exchange rate and other macroeconomic indicators can affect food prices. Market participants note that cabbage has become cheaper due to a combination of these reasons, which have increased the supply of vegetables and reduced their demand. Experts add that the drop in prices indicates that producers are entering a period with large inventories of products that they are trying to sell before the next harvest. The downward trend in cabbage prices is likely to continue as Ukrainian ...

Source: Agropolit