Increase in imports and decrease in prices as dynamics of the potato market in Ukraine

Fresh Common Potato

Vegetables

Ukraine

Market & Price Trends

Published Mar 23, 2024

Tridge summary

Ukraine has experienced a surge in potato imports, resulting in a 12% decrease in the price of locally grown potatoes. However, the current price remains 2.5 times higher than the previous year. The rise in local agricultural products and favorable weather conditions have encouraged producers to speed up sales of last year's potato crop.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

EastFruit analysts recorded significant imports of potatoes to Ukraine. This influx resulted in a decline in the price of potatoes grown in the country. Over the past week, potato prices have fallen by an average of 12%. Currently they range from 14-20 UAH/kg ($0.36-0.54 USD/kg). This week, the Ukrainian market also recorded a significant increase in the availability of local agricultural products. The arrival of milder weather conditions has prompted many producers to accelerate sales of the previous year's potatoes as they prepare for the upcoming season. Despite the price drop, the current ...

Source: E-warzywnictwo

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