News

Potatoes in Ukraine are rapidly becoming cheaper: experts named the reasons

Fresh Common Potato
Vegetables
Ukraine
Market & Price Trends
Published Apr 15, 2024

Tridge summary

In Ukraine, the agricultural market is experiencing significant fluctuations, with potato prices dropping by an average of 13% in a week, now three times higher than in early April 2023, due to a surplus and declining demand. Quality issues are also affecting sales. Conversely, apple prices have soared by 25-30% over the past year because of limited supply and strategic storage by gardeners. Meanwhile, table beet prices have similarly fallen by 13%, carrot prices have dramatically decreased by 75% from the previous year, and tomato prices have escalated to UAH 90 per kg, indicating a diverse and volatile market.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wholesale prices for potatoes in Ukraine fell to UAH 14-18 per kg, which is on average 13% cheaper than at the end of last week. This is reported by EastFruit. According to market operators, the offer of potatoes remained quite voluminous, while the demand for products continued to decrease. At the same time, many buyers complained about the quality and often refused to buy. At the same time, now potatoes in Ukraine are three times more expensive on average than in the first half of April 2023. At the same time, taking into account the considerable volume of products on the market, Ukrainian farmers do not exclude the possibility of further price reduction in this segment. It should be noted that sale prices for table beets have started to decrease in Ukraine. Production in Ukrainian farms today is offered for sale at 8-14 UAH per kg, which is on average 13% cheaper than at the end of the previous working week. This year, the price of apples in Ukraine has risen significantly, and ...
Source: Agropolit
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