News

Why greenhouse tomato prices rose again on the Ukrainian market

Fresh Tomato
Vegetables
Ukraine
Market & Price Trends
Published Feb 19, 2024

Tridge summary

Greenhouse tomato prices in Ukraine have surged due to high prices in Turkey, the main winter supplier, and limited market supply. Despite falling demand, importers continue to hike prices, making Ukraine's greenhouse tomatoes the most expensive in the region. Meanwhile, Supree, a company selling tomatoes to the food industry, is developing a mechanical harvesting system to reduce costs. A vegetable shortage and increased dairy and meat prices are anticipated in Ukraine, but by 2023, western Ukraine's tomato production is expected to recover to pre-war levels.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Another price increase in the segment of greenhouse tomatoes is noted in Ukraine, analysts of the EastFruit project report. As the price increases, the demand for imported tomatoes in the domestic market gradually weakens, however, importers continue to raise prices in this segment. Sellers justify their actions with high prices for greenhouse tomatoes on the domestic market in Turkey, from where they traditionally make the main deliveries of these products to the market of Ukraine in the winter. This week, representatives of wholesale companies actively increased selling prices for imported tomatoes to UAH 70-90/kg, which is on average 14% more expensive than a week earlier. Another reason for the increase in the price of greenhouse tomatoes was the rather limited offer of this product on the market. So, today the main offer on the Ukrainian market is exclusively imported products, since Ukrainian greenhouse plants will enter the market with a new turnover no earlier than ...
Source: Landlord
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