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May 30 2016, 11:16 Fruit-Inform

Ukraine: fruit and vegetable price decrease rates accelerate last week

Fruit-Inform Ukrainian fresh produce price index went down by another 5.1% in the week from May 21st to 27th, after a decrease of 53.7% in the previous four weeks.

«Last week a decrease in prices was registered in all Ukrainian fresh produce price segments», says Ms. Tetiana Getman, Head of Fruit-Inform. «Even unfavorable weather conditions were unable to lessen pressure on the Ukrainian market».

The largest contribution to a decrease in the fresh produce price index was made by traditional vegetables. In particular, prices of early white cabbages have fallen below UAH 1/kg (EUR 0.04/kg), and that fact has enabled to sharply accelerate their sales against a background of extremely low demand for last year's white cabbages. Growing supply of early produce has also resulted in a fall in prices of last year's carrots and onions. Prices of early potatoes also were decreasing exerting pressure on the price situation in the segment of last year's ones.

Greenhouse vegetables also became 6% less expensive due to growing supply. :Fruit prices went down thanks to less expensive strawberries and sweet cherries.

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.

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