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Why in Ukraine vegetables have risen in price 2.6 times a year?

Vegetables
Ukraine
Published Dec 25, 2021

Tridge summary

The 2.6-fold increase in the price of borscht vegetables in Ukraine this year is due to a number of factors. This opinion was expressed by the President of the Ukrainian Fruit and Vegetable Association (UPOA) Taras Bashtannyk on one of the TV channels. He noted that this is the general level of inflation in Ukraine and the world, as well as unfavorable conditions for vegetable growers that have developed during the season: at the beginning of the sowing period in spring and late summer - early autumn during harvest.

Original content

Difficult weather conditions affected the quality of the product and, as a result, its ability to persist. "The third factor is the rise in prices for all components of vegetable production, which, by the way, will continue to rise in price. We are talking about electricity, fertilizers, PPE, fuels and lubricants and more. All this, together with a lower gross harvest, has led to higher prices for not only borscht products, but also other vegetables, "said the UPOA president. An important point, according to market experts, is also the rise in price of global logistics services, both land and sea. This significantly complicates the possibility of replacing certain expensive Ukrainian categories of vegetables with cheaper imports, as was the case before. Under these conditions, for example, importing onions from Uzbekistan or Tajikistan is much more expensive today than in previous years. At the same time, the president of UPOA noted that many agricultural producers today keep ...
Source: AllRetail.ua
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