Tomato prices in Uzbekistan have stabilized

Published 2022년 11월 28일

Tridge summary

Uzbekistan is experiencing record-high tomato prices, with wholesale prices rising to their highest level in November 2022. These prices are significantly higher than in neighboring countries like Tajikistan, Georgia, and Moldova. However, the price difference with the Russian market, a key market for Uzbek tomatoes, has disappeared. Despite traders' expectations of further price growth, analysts from EastFruit predict a slowdown or stabilization of these high prices. Specifically, the average wholesale price for rose tomatoes has seen a slight increase of 5% in the past three weeks, reaching 20,000 UZS/kg ($1.78), which is 11% higher than last year. Conversely, the average wholesale price for red round tomatoes has decreased by 7% to 13,000 UZS/kg ($1.16), matching last year's price.

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

Original content

In early November, EastFruit wrote about record-high prices for tomatoes in Uzbekistan. As of November 4, 2022, tomato prices were at the highest level, and wholesale prices were 61% higher than in neighboring Tajikistan and 1.5 times higher than in Georgia and Moldova. What’s more, the difference between the prices for tomatoes in Uzbekistan and in the Russian market, which is the main market for fresh Uzbek tomatoes, disappeared at that time. Although traders expected further price growth, EastFruit analysts forecasted a slowdown in growth or even price stabilization. In the next three weeks, the average wholesale price for rose tomatoes increased by only 5% and stabilized at this level, while the average wholesale price for red round tomatoes even decreased by 7%. According to EastFruit price monitoring, the average wholesale price for rose tomatoes in Uzbekistan increased only from 19 000 to 20 000 UZS/kg (from $1.71 to $1.78) from 4 to November 25, 2022, and stabilized at the ...

Source: Hortidaily