Potato prices in Ukraine are twice as high as last year and continue to rise

Published Nov 30, 2023

Tridge summary

Ukrainian potato producers have been raising prices for their products due to increased demand from wholesale companies and retail chains. The price of potatoes has increased by 20% just in the beginning of this week, reaching an average of 10-14 UAH/kg ($0.27-0.38/kg). This increase in prices is also due to a reduction in supply from small households, as worsening weather conditions have made it difficult for producers to transport their products to the market.

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

Original content

Ukrainian potato producers continue to confidently increase selling prices for their products, EastFruit project analysts report. Market operators explain the next increase in prices in this segment by increased demand from wholesale companies and retail chains, which continue to purchase potatoes for long-term storage. Thus, just from the beginning of this week, potatoes have increased in price to 10-14 UAH/kg ($0.27-0.38/kg). Which is on average 20% more expensive than at the end of the last working week. According to the producers themselves, it is not only high demand that allows them to increase prices in this segment, but also a reduction in the supply of these products from small households, since due to worsening weather conditions, most producers are not able to ship their products to the market. Read also: Ukraine: white cabbage producers increased selling prices Let us note that today potatoes in ...

Source: Eastfruit