Low yield and high external demand led to an increase in prices for table grapes in Moldova

Published 2024년 11월 17일

Tridge summary

In 2024, the price of table grapes from the Republic of Moldova has surged by over 60%, reaching an average of 10.7 lei/kg, due to a combination of reduced production from unfavorable weather and high external demand. Economic policy expert Veaceslav Ionita notes that production fell by more than 30%, while over two-thirds of the grapes are exported, with export prices increasing from $1/kg to between $1.2 and $1.5/kg.

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Original content

Table grapes from the Republic of Moldova have become more expensive in 2024 compared to last year, EastFruit reports with reference to Noi.md. According to economic policy expert Veaceslav Ionita, this year table grapes were sold at a record average price of 10.7 lei/kg – more than 60% more expensive than last year. Read also: Over 1,500 hectares of new vineyards were planted in Moldova using subsidies over the past three years According to the expert, there are two reasons for the price increase: low yield and high external demand. “Unfavorable weather conditions have reduced production ...

Source: Eastfruit