Pears are a third cheaper than last year in Ukraine

Published Sep 12, 2024

Tridge summary

Pears have become more affordable in Ukraine due to an increased supply and weak demand, with prices dropping by 25% compared to the previous week. This trend, ongoing since mid-August, is a result of higher yields from favorable winter and spring weather. Despite some regional losses in areas like Vinnytsia due to frost and hail, overall production has surged, making domestic pears 32% cheaper than they were at this time last year.

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

Original content

Pears fell in price on the markets of Ukraine due to the increase in supply against the background of weak demand. This is reported by EastFruit. "Yes, today pears from local farms on the Ukrainian market are offered for wholesale sale at 15-30 UAH/kg ($0.36-0.73/kg), which is on average 25% cheaper than a week earlier. According to the results of regular monitoring, the prices of pears in the current season continue to gradually decrease, starting from the middle of August this year, which is a consequence of the supply of products on the market, which is constantly increasing," experts note. They explain that this season, thanks to milder weather conditions in winter and spring, the average yield of pears in Ukraine has increased significantly. As a result, a significant increase in production negatively affected the price situation on the market. As an exception here, we can single out the Vinnytsia region, where in the spring of this year, ...

Source: Agrotimes