Prices for a popular vegetable have soared in Ukraine due to a lack of imports

Fresh Tomato

Vegetables

Ukraine

Market & Price Trends

Published Mar 26, 2024

Tridge summary

In Ukraine, the price of tomatoes has seen an average increase of 11% since March 18, primarily due to a decrease in imports from Turkey, a major supplier, because of adverse weather conditions. This has pushed the retail price to 78−90 UAH/kg ($1.99−2.30/kg). However, an anticipated rise in tomato supplies from Turkey could soon stabilize the market. Despite the recent price hike, wholesale prices of tomatoes are still 10% lower compared to the previous year. The article also highlights a drop in the prices of local greenhouse cucumbers and potatoes, thanks to an increased supply.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Since March 18, sellers on the Ukrainian domestic market have been able to slightly increase the price of tomatoes. Currently, imported products in Ukraine are offered for sale in the range of 78−90 UAH/kg ($1.99−2.30/kg), which is on average 11% more expensive than at the end of the last working week. The EastFruit project reports this. It is noted that this price trend is associated with a reduction in the supply of imported tomatoes on the market, in particular, those produced in Turkey against the background of a decrease in import volumes from this country due to unfavorable weather conditions. A week earlier, importers and wholesale companies were focused on selling tomatoes that they had purchased at the beginning of the month but were unable to sell as planned. At the same time, fresh deliveries to the Ukrainian market last week were carried out in minimal volumes. Therefore, already this week there was a shortage of greenhouse tomatoes, which allowed importers to increase ...

Source: Finance