Ukraine started importing potatoes

Published 2024년 1월 10일

Tridge summary

Wholesale prices for potatoes in Ukraine are currently the highest in history, leading to the importation of large batches of potatoes from Poland, Lithuania, and Latvia to meet demand. This increase in prices is attributed to overproduction in 2022, a reduction in potato cultivation by the population, and unfavorable weather conditions, leading to a shortage of high-quality food potatoes in the Ukrainian market. With the import of potatoes, it is likely that prices will also increase in Poland, and there are prospects for renewed price records for potatoes in the spring of 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Against the background of rising prices for potatoes, from January 4, 2024, large batches of potatoes from Poland, as well as from Lithuania and Latvia, measured in hundreds of tons, began to arrive in Ukraine. This is reported by EastFruit. "Currently, wholesale prices for potatoes in Ukraine are the highest in history, both in hryvnias and in terms of dollars or euros. In fact, during the year, the prices of this product increased by 3.5-4.0 times. At the same time, literally in the last three weeks, the wholesale price of high-quality fresh potatoes in Ukraine soared by 40% and exceeded the price level in the neighboring countries of the European Union, which made the import of potatoes economically feasible," commented Andriy Yarmak, economist of the investment department of the Food and Agriculture Organization of the United Nations ( FAO). He explained that for several seasons in a row wholesale prices for potatoes in Ukraine mostly did not cover the costs of growing them. ...
Source: Agrotimes

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