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What is the future of the potato price in Uzbekistan?

Published Mar 4, 2021

Tridge summary

Potato prices in Uzbekistan and Tajikistan have seen a significant increase compared to last year, with Uzbekistan experiencing a price hike that is 1.5 times higher than last year and 42% at the end of last year, according to the State Statistics Committee of Uzbekistan. The high demand from the population is the main reason for the price increase, although the seed potato shortage is also a contributing factor. Experts predict that the high potato prices are likely to persist due to the high demand and the lack of resolution to the seed potato shortage issue.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Current wholesale potato prices in Uzbekistan are 1.5 times higher than last year. The potato price also showed a significant increase in Tajikistan; in this country, the wholesale prices for potatoes have increased by 52%. Over the past four years, there has been a large fluctuation in potato prices in Uzbekistan. According to experts, the price of this product rose by 90% in 2017, and at the end of last year, the State Statistics Committee of Uzbekistan reported an increase of 42%. Inflation in these years also accelerated, but the rate of increase in potato prices several times exceeded both the general inflation rate and the food group. What is the cause of the sharp increase in potato prices in Uzbekistan in recent years? EastFruit experts analyzed trends in potato cultivation, imports and consumption over the past two decades to identify the main reasons for this growth. The analysis concludes that the high prices for potatoes in Uzbekistan are justified by a number of ...
Source: AGF
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