Why and for how long did the price of an apple rise in Moldova?

Published 2022년 10월 28일

Tridge summary

In October, Molda's wholesale apple prices rose by 15-20%, with Gala variety increasing to 7 lei/kg ($0.36/kg). Large producers are hesitant to comment, awaiting export batches and noting lack of demand for price increases. The price hike is linked to increased energy costs passed on by storage owners, especially for Gala apples which make up 80% of demand. The apple market's pressure is alleviated by processing and there's an ongoing adaptation to market issues, with some storage owners investing in emergency backup power generators. There's also a strategy among some traders to avoid offering apples at low prices to foreign buyers, aiming to prevent a price war situation. From early November, Moldova starts delivering apples to non-traditional markets by sea, which might explain the slight price increase observed.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Judging by the EastFruit monitoring, in the last decade of October, wholesale prices for some varieties of apples, especially red ones, increased by an average of 15-20% on the Moldovan market. In particular, Gala rose in price by 1 lei/kg, to an average of 7 lei/kg ($0.36/kg). At the same time, large agricultural producers react to the monitoring data in a peculiar way - they do not deny them, but they do not confirm them either. Noting only that they themselves "have not yet exported a single batch of apples", and also "do not yet see clear prerequisites for increasing the" demand prices "for apples both abroad and, accordingly, in the domestic market of the country." Nevertheless, representatives of agrarian organizations and marketers of donor agricultural projects, interviewed by EastFruit analysts, offered several explanations for the seemingly emerging price increase for an apple inside Moldova. But, according to them, "much is still in the realm of conjectures and ...
Source: Eastfruit

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