Moldova: What pushes up the price of grapes at the end of January?

Published 2023년 1월 25일

Tridge summary

Wholesale prices for table grapes in Moldova have increased by 5-7% in the last ten days of January, averaging 1-2 lei/kg ($0.05-0.10/kg) due to a change in demand/supply for retail sales rather than high export demand. The end of export sales for the local grape variety "Moldova" in mid-January led to a decrease in supply, leaving only medium and lower quality grapes for the domestic market. The price of imported grapes from the last harvest has also increased, making the budget "Moldova" grapes more expensive, and they are now priced similarly to citrus fruits.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the last ten days of January, wholesale prices for table grapes of all kinds increased on average by 1-2 lei/kg ($0.05-0.10/kg), that is, by 5-7% on the Moldovan market. Market operators believe that in the second half of this month, the main stimulus for the rise in the price of grapes is not high export demand, but a change in the demand / supply of this product for retail sales within Moldova, EastFruit reports. The period of export sales of the local grape variety "Moldova" ended by mid-January. Not because the demand from exporters disappeared, on the contrary, they were ready to pay for the highest quality "Moldova" from the southern regions of the country at 20-23 lei/kg (/kg), that is, much more than the average prevailing price. But the supply was too low, at that moment the commodity stocks of export-quality products in the vast majority of agricultural enterprises dried up. A very small amount of medium quality grapes in mid-January 2023 remained only in the storage ...
Source: Eastfruit

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