Prices for imported tomatoes in Ukraine increased by 11% in a week

Published 2024년 4월 5일

Tridge summary

In Ukraine, the price of imported tomatoes has surged by an average of 11% this week due to a combination of insufficient supply and increased prices from Turkey, a key supplier. The rise in prices is linked to a heightened demand for greenhouse tomatoes against a backdrop of low import volumes, with Turkish tomatoes being particularly affected. Currently, the cost of greenhouse tomatoes in Ukraine is 50% higher than it was last year. However, there is an expectation that prices might stabilize in the latter half of the month as local greenhouse operations start their harvest, potentially increasing the supply in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imported tomatoes rose in price in Ukraine this week. The main reason for the increase in prices in this segment is the insufficient supply of tomatoes on the market. This is reported by EastFruit analysts. It is noted that the increase in the price of these products also contributes to the increase in prices for these vegetables directly in Turkey due to the increase in supplies to the countries of the European Union. As a result, the prices of imported tomatoes on the Ukrainian market have increased by an average of 11% since the beginning of the current week, and these products are currently offered for sale by groups in Ukraine at 84-100 UAH/kg ($2.15-2.56/kg). Read also: Greenhouse cucumbers in Ukraine fell in price by 32% in a week "According to market players, the trend of growing prices for greenhouse tomatoes in Ukraine is due to the increased demand for these products against the background of a rather low supply of imported tomatoes. We will remind that the Ukrainian ...
Source: Agrobusiness

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.