Information for fruit and vegetables business in CIS
Fruit and vegetable price decrease rates slow down in Ukraine
Fruit-Inform Ukrainian fresh produce price index went down by 1.7% in the week from August 2nd to 8th, after a fall of 9.6% a week before. Thus, the price decrease rates slowed down in Ukraine. Nevertheless, the Ukrainian fresh produce price index has been decreasing for the 6th week in a row with a cumulative fall standing at about 58% over the past 6 weeks.
«Worse quality of field-grown tomatoes due to too hot weather in the southern regions and a decrease in prices of traditional vegetables to critically low levels were the main reasons for slower price decrease rates in Ukraine last week», says Ms. Tetiana Getman, Head of Fruit-Inform. «A further decrease in prices was almost impossible, as potatoes were already 20% less expensive year-on-year, white cabbage prices went down by a third, carrot prices halved, and prices of onions and red beets more than halved compared with the same period of the previous season».
The fruit price index became 5.3% lower in Ukraine last week. An increase in prices of melons and watermelons was compensated by a fall in grape and banana prices.
We would remind you that more detailed information about current developments in the Russian and Ukrainian fruit and vegetable market is available for the subscribers of Fruit-Inform service packages.