Trickery and price increases on the market for peaches and apricots in Bulgaria

Published 2022년 9월 16일

Tridge summary

Bulgarian producers of peaches and apricots are experiencing speculative deals and low purchase prices from retailers and wholesalers despite the fruit being in season. The store price remains high, leading to profit margins close to 100% for retailers and wholesalers. Import pressure, especially from Greece, also affects the Bulgarian market. The high retail prices make importing profitable, and it is not expected to decrease with the increase in domestic supply.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Although the store price of peaches and apricots does not decrease even at the peak of the season, producers are getting less and less for the fruit in Bulgaria. Bulgarian peach and nectarine growers talk openly about the speculative deals that characterize this season. They were at the peak of the season at the end of August, when more and more products hit the market. But instead of consumer prices in stores falling, they even rise, while the acceptance prices paid to producers are in deep flight. FruitVeB wrote that according to the producers, retailers and wholesalers can work with profit margins close to 100%, since currently Bulgarian stores charge 2.5-3.3 leva/kg (525-695 HUF/kg) for fruit, while buyers take over the crop for prices around 0.75 leva/kg (157 HUF/kg). And if that wasn't enough, there is also a lot of import pressure on the Bulgarian market. Larger items mainly come from Greece, so much so that in some places the proportion of domestic ...
Source: Magro

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