Ukraine: The shortage of bananas and oranges affected prices

Published 2024년 5월 13일

Tridge summary

Banana prices in Ukraine have remained steady at $1.26-1.28 per kilogram throughout the spring, despite initial and later slight decreases. The prices are influenced by local devaluation and global factors such as Atlantic storms in March affecting supply from Ecuador. Orange prices in Ukraine remain high due to a failure in the EU, though fears of market collapse from Egyptian oranges have not materialized. However, orange prices at the Shuvar wholesale market dropped from UAH 75 to UAH 60 per kilogram in early May.

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

Original content

Wholesale prices for bananas in Ukraine remained at last year's level of $1.26-1.28/kg throughout the spring, although at the beginning of the year bananas were offered a little cheaper on the Ukrainian market, and in the second decade of May the price also decreased a little. This is stated in the market review of the magazine "Gardening in Ukrainian". "Given that bananas are supplied to Ukraine mainly from distant Ecuador, their prices are affected by both local factors (devaluation in Ukraine) and global factors, for example, the Atlantic storms in March, which caused a temporary shortage of bananas throughout Europe." - says Yevhen Kuzin, analyst of the EastFruit project, international consultant of FAO. According to him, the prices of oranges in Ukraine remained record high in the spring due to the failure of this fruit in the EU. Fears that Egyptian products could collapse the market have ...

Source: Agrotimes