Ukraine: The price of raspberries fell due to overproduction

Published Oct 30, 2023

Tridge summary

The increase in raspberry production in Ukraine, Poland, and Serbia has led to an overproduction and a decrease in prices for frozen raw materials. Taras Bashtannyk, the president of the Ukrainian Fruit and Vegetable Association, stated that this price trend was predictable and that similar cycles occur every four to five years. As a result of the low prices and other factors such as uncertainty and a shortage of working capital, some raspberry producers have chosen not to harvest the berries.

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Original content

The increase in areas under raspberries in 2020-2022 led to overproduction of the berry in Ukraine, Poland, and Serbia, and as a result, the price asked for up to UAH 25/kg for frozen raw materials. Taras Bashtannyk, the president of the Ukrainian Fruit and Vegetable Association (UPOA), said this in a comment to the magazine "Gardening in Ukrainian". He calls this trend predictable. "A year ago, the price for the same quality was UAH 75-80/kg," he said. - Such price cycles are repeated regularly - once every four to five years. But the situation was worsened by several other factors: uncertainty - at what price processors will buy raspberries; shortage of working capital of raspberry producers; risks of power outage during storage and others". For the next year, the expert predicts some revival of the price, because in view of overproduction, producers are already uprooting raspberry plantations. The amount of raspberries harvested by producers this season will be at the level of ...

Source: Agrotimes