In Ukraine, potatoes are getting cheaper due to lower demand and higher imports

Published 2024년 12월 30일

Tridge summary

Ukrainian potatoes are experiencing a decline in selling prices, despite expectations of an increase for the New Year holidays. Wholesalers are reducing prices due to decreased demand and stable supplies from foreign markets. Currently, potatoes are sold for 18-28 UAH/kg ($0.43-0.67/kg), a 12% decrease from the end of the last working week. Despite these changes, farmers are generally satisfied with the season's selling prices, which have increased by an average of 41% from last year due to adverse weather conditions leading to lower yields and quality issues with stored products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit, contrary to farmers' hopes that this product will once again increase in price on the eve of the New Year holidays, selling prices for potatoes in Ukraine, on the contrary, have begun to decline. At the same time, wholesale companies see no reason to increase prices and increase the volume of purchases, since the demand for this product has noticeably decreased. Thus, today, marketable potatoes are sold in the range of 18-28 UAH/kg ($0.43-0.67/kg) depending on the quality, variety and volumes of the offered batches of products, which is on average 12% cheaper than at the end of the last working week. "The reason for a slight decrease in prices in this segment was not only the weakening of demand for potatoes, but also its stable supplies from foreign markets. At the same time, most key market players note the mediocre quality characteristics of imported potatoes, which affected the sales rates of local products as well," the experts noted. However, in ...

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