Potato prices rise again in Ukraine

Published Dec 13, 2024

Tridge summary

The potato market in Ukraine has seen increased trading and purchasing activity, leading to a 22% increase in selling prices in a week, with farmers raising prices to 22-30 UAH/kg ($0.53-0.72/kg), a 85% increase compared to the same period last year. This is due to the reduction in potato production in Ukraine this year, primarily caused by summer droughts in major growing regions. Industry experts expect further price increases but do not anticipate a sharp increase.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This week, the potato market in Ukraine has seen an increase in trading and purchasing activity. Industry experts note that, given the increasing demand, farmers continue to raise selling prices in this segment. This was reported by EastFruit analysts. Thus, as of December 13, Ukrainian farmers are already declaring prices for potatoes in the range of 22-30 UAH/kg ($0.53-0.72/kg), which is on average 22% more expensive than a week earlier. “Market operators attribute the increase in trading activity in this segment to the increased interest of wholesale companies and retail chains, which have already begun to build up stocks for the New Year holidays. At the same time, they do not exclude the possibility of further price increases in this segment, but admit that a sharp increase in prices should not be expected,” analysts note. Read also: Under the guise of seed potatoes, commodity potatoes are being imported to Ukraine – expert It is noted that currently potatoes in ...
Source: Agrobusiness

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.