Prices for borscht products will continue to rise in Moldova

Published 2024년 1월 18일

Tridge summary

In January 2024, the wholesale price of onions in Moldova increased slightly, but is still significantly lower than the previous year. This is due to a shortage in onion stocks and a lack of inexpensive imported onions. The price of potatoes remains stable for now, but a potential rise is expected in the second half of winter due to decreasing local supply and irregular imports. Carrot prices have remained constant, but there is a noticeable differentiation in prices depending on the variety.

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

Original content

EastFruit wholesale price monitoring shows that in January 2024, the process of onion price increases resumed on the Moldovan market. By mid-January, wholesale prices increased slightly, by about 0.5 lei/kg ($0.03/kg), to an average of 6 lei/kg ($0.34/kg). So far, the average price for onions is still significantly behind the abnormally high level in January last year (9 lei/kg, $0.47/kg), but, according to many operators of the fruit and vegetable market of Moldova, price increases will continue for at least the next one and a half to two months , reports EastFruit. The reason for the potential rise in price is obvious - only a few large agricultural enterprises concentrated in the eastern regions of the country had more or less significant onion stocks in January. Moldovan traders also do not yet have sources of import of relatively inexpensive onions: in Ukraine, wholesale prices for onions are approximately the same, in the nearest EU countries they are significantly higher. ...

Source: Eastfruit