Watermelon prices are falling in Ukraine

Published 2024년 8월 8일

Tridge summary

Watermelon prices in Ukraine have dropped by a third due to improved weather conditions, allowing for increased harvesting and higher supply. The current domestic market price is UAH 3-8/kg ($0.07-0.19/kg), 30% cheaper than the previous week, due to an oversupply of large-caliber watermelons with low retail sales demand. The situation is expected to persist unless owners of high-quality watermelons can raise prices, which are currently 60% cheaper on average than in August 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the beginning of the current week, prices for watermelons in Ukraine have already dropped by a third, analysts of the EastFruit project report. The improvement of weather conditions in almost the entire territory of the country allowed Ukrainian watermelon producers to resume active harvesting operations, which led to an increase in the supply of this product on the market. In addition, producers have already started mass harvesting of melons in all regions of Ukraine without exception, both in the central and western regions. Currently, prices for watermelons on the domestic market have already dropped to UAH 3-8/kg ($0.07-0.19/kg), which is on average 30% cheaper than at the end of the last working week. Manufacturers explain the negative price dynamics by a sharp increase in the supply of these melons on the market. According to farmers, the situation is further complicated by the fact that the bulk of the supply consists of large-caliber products, the demand for which is ...
Source: Agroconf

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