Ukraine: Price for onions is $1 wholesale

Published 2023년 2월 27일

Tridge summary

Wholesale onion prices in Ukraine have reached a record high of $1.04 per kg, making it the most expensive market in the region. Prices in other countries like Tajikistan, Georgia, Moldova, Poland, and Uzbekistan are also at record highs, with Georgia and Moldova experiencing the most significant increases. Ukraine's prices could potentially rise further to $2 per kg, while in Moldova, prices are already twice the previous record. Uzbekistan has the lowest prices among the countries considered, but they have still increased by 3.6 times compared to last year. The article discusses the potential factors contributing to these price increases and the potential for import and export activities in the region.

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

Original content

Participants of the fruit and vegetable market quite calmly accepted the fact that wholesale prices for onions in Ukraine reached the level of $1 US per kg, as EastFruit analysts predicted back in mid-January. This event took place in the last full week of February 2023, and by the end of the week the price had risen to $1.04 per kg. By the way, this is an absolute price record not only for Ukraine, but also for all other countries of the region. True, in 2019, at the beginning of May, there was a short-term rise in wholesale prices for onions in Ukraine to $1.14, but immediately after that, prices fell by half, so this event can hardly be considered significant. Today we decided to study what is happening in all countries of the region with the prices for this vegetable crop and what does this threaten all market participants in the new season? For purity of comparison, prices will be given in US dollars for all countries. So, as we can see, Ukraine remains the “champion” in ...

Source: Eastfruit