Onion prices in Ukraine reach record levels since the country's independence

Published 2023년 2월 13일

Tridge summary

Record-breaking selling prices for onions in Ukraine have reached 30 UAH/kg (€0.76/kg), setting a new high and marking an 11% increase from the previous week. The average price has soared to 30-35 UAH/kg (€0.76-0.89/kg), a significant fourfold increase compared to last year due to high demand and limited supply. Power cuts have led to a quality issue with stored onions, further reducing availability. Imported onions are not expected to offset the shortage as exports from Central Asian countries have decreased.

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

Original content

Selling prices for onions in Ukraine set another record last week, breaking the 30 UAH/kg (€0.76/kg) mark. The rise in the segment will undoubtedly continue, as demand for onions is high and many Ukrainian farms are running out of stocks. So far, onion prices have already risen to 30-35 UAH/kg (€0.76-0.89/kg), which is on average 11% more expensive than a week earlier. The price of 35 UAH/kg (€0.89/kg) is currently a record in the entire history of Ukraine's independence, and compared to last year, sales prices in this segment have increased on average by 4 times! Continuing power cuts, which rendered much of the onions in storage unfit for consumption, have contributed to the price increase. Therefore, the ...

Source: Uiennieuws