News

In Ukraine, the price of onions broke a historical record

Fresh Onion
Vegetables
Ukraine
Published May 29, 2023

Tridge summary

In January 2023, analysts warned that wholesale prices for this commodity would reach at least $1 per kg, and considered scenarios in which prices could be even significantly higher, EastFruit reports. In the past three weeks, wholesale prices for onions in Ukraine resumed their growth and until today reached an absolute historical record both in local currency and in US dollars: UAH 48 and $1.31, respectively. The previous record for the wholesale price of onions for Ukraine was set on May 5, 2019 and was UAH 33/kg or $1.15 US dollars, respectively, at the exchange rate for that day. Follow the news in a convenient format: Subscribe to our Twitter Currently in the countries of Central Asia, primarily in Tajikistan, the problem is the opposite - an oversupply of onions. There, you can already buy onions of the new harvest even for 0.18 dollars per kg, that is, 7 times cheaper than in Ukraine.

Original content

In January 2023, analysts warned that wholesale prices for this commodity would reach at least $1 per kg, and considered scenarios in which prices could be even significantly higher, EastFruit reports. In the past three weeks, wholesale prices for onions in Ukraine resumed their growth and until today reached an absolute historical record both in local currency and in US dollars: UAH 48 and $1.31, respectively. The previous record for the wholesale price of onions for Ukraine was set on May 5, 2019 and was UAH 33/kg or $1.15 US dollars, respectively, at the exchange rate for that day. Follow the news in a convenient format: Follow us on Twitter Currently, in the countries of Central Asia, primarily in Tajikistan, the problem is the opposite - an oversupply of onions. There, you can already buy onions of the new harvest even for 0.18 dollars per kg, that is, 7 times cheaper than in Ukraine. Also read: Onion prices hit record high in Spain amid global shortage Currently, there are ...
Source: Landlord
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.