Prices for garlic in Ukraine are twice as high as last year

Published 2024년 9월 27일

Tridge summary

Garlic prices in Ukraine have doubled this year, reaching UAH 140-160/kg, while planting costs remain the same as last year. The increase in prices is attributed to China reducing its sown areas to increase price, following a collapse in 2015. The result has been a decrease in the quality and volume of the garlic harvest, with Ukraine collecting no more than 3,000 tons. This is due to a lack of funding for Ukrainian farmers, conservative thinking, and a lack of successful examples in the north during the south's occupation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, prices for garlic in Ukraine have almost doubled, while the cost of planting remained at the same level as last year. This was reported by Serhiy Shysh, director of the Agroinnovation company, AgroTimes reports. "If a year ago the wholesale price of garlic at the start of harvesting in July was UAH 83-86/kg, this year it reached UAH 140-160/kg. At the same time, the seeds for sowing remained at the last year's price, that is, the most favorable conditions for the producer were created," the company's director noted. He explained that the rise in prices is not at all situational and happened because China began to reduce its sown areas in order to raise the price, because in 2015 they collapsed it to a minimum. Read also: Due to the heat in Ukraine, the quality and volume of the garlic harvest decreased Spain and Argentina took advantage of this ...
Source: Agrobusiness

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