In Ukraine, the sweet pepper market decreased by almost 40%

Published Jan 1, 2024

Tridge summary

The pepper market in Ukraine experienced significant changes due to the Russian invasion, with a 38% decrease in the market and a 2 times decrease in imports in 2022. The decrease in production is attributed to population migration and the occupation of food-important territories, leading to an increase in vegetable prices. Despite this, it is estimated that the total pepper harvest in 2023 will exceed the previous year's cultivation by 20%, with expansion of pepper sown areas in certain regions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Ukraine, the capacity of the pepper market before the beginning of the full-scale invasion of the Russian Federation had a growing dynamic both due to the growth of domestic production and due to imports, which in 2021 amounted to more than 30 thousand tons, writes Inventure. Due to a full-scale war in 2022, the market decreased by 38%, while imports fell more than 2 times to 12.3 thousand tons, production decreased by 33% to 1,086 thousand tons. It is noted that from 2016 to 2022, the volume of pepper imports to Ukraine increased 3 times, which is associated with the formation of a healthier consumption culture and the consumption of vegetables all year round. Experts explain the decrease in production by population migration and the occupation of food-important territories of Ukraine, which led to an increase in vegetable prices. Analysts explain that data on the volume of pepper cultivation in 2023 have not been made public. According to estimates, the total harvest in 2023 ...
Source: Landlord

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