In Ukraine, tomato prices unexpectedly went up: how much does a kilogram cost?

Published Jan 16, 2025

Tridge summary

Ukraine is experiencing a surge in greenhouse tomato prices, with a 10% increase in the past week, leading to a 36% increase since mid-January 2024. This price hike is attributed to a decrease in supply from Turkey due to adverse weather conditions. Despite this, experts do not anticipate further price increases due to weak demand. In contrast, apple prices in Ukraine have seen a slight decrease this week, likely due to a drop in demand after the New Year holidays.

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

Original content

Greenhouse tomatoes are becoming more expensive in Ukraine. Farmers are raising prices against the backdrop of a noticeable reduction in supply on the Ukrainian market. Analysts of the EastFruit project reported that Turkey has traditionally been the main supplier of products, but the country has been experiencing adverse weather conditions for the past few weeks, which has significantly reduced vegetable supplies. Thus, today tomatoes in Ukraine are offered for sale wholesale at 85-105 UAH/kg ($2.01-2.48/kg), which is on average 10% more expensive than at the end of the last working week. At the same time, experts believe that sellers will not risk raising prices more due to weak demand. Currently, greenhouse tomatoes in Ukraine are already being sold on average 36% more expensive than in mid-January 2024. At the same time, market participants believe that the price increase is a temporary phenomenon, and do not rule out that tomatoes will start to fall in price again next week. ...

Source: Unian