Business news from Ukraine

Business news from Ukraine

Prices for carrots in Ukraine have gone down

15 January , 2025  

According to the project’s weekly monitoring, since the beginning of this week alone, carrots on the Ukrainian market have fallen in price by an average of 10%. Today, producers offer these root crops for sale at 23-30 UAH/kg ($0.54-0.71/kg), depending on the quality and volume of the batch. It should be noted that producers are forced to make such price adjustments even in the face of limited supply of quality carrots on the market.

According to the producers, the pressure on prices is exerted by a very restrained demand for medium and low quality vegetables. Wholesale companies and retail chains are willing to buy these root vegetables only in small batches, explaining their decision by the extremely low retail sales.

This season, producers attribute the problems with the quality of vegetables to unfavorable weather conditions during the growing season and harvesting. Starting in the second summer month of 2024, Ukraine experienced dry, hot weather that prevented the plantations from developing normally. Last fall, due to heavy rainfall during the harvest, farmers were forced to store products with high humidity.

However, despite the reduction in the price of carrots, today these root crops are offered for sale in Ukraine on average 2.2 times more expensive than in mid-January last year.

You can get more detailed information on the development of the carrot market and other fruit and vegetable products in Ukraine by subscribing to the operational analytical weeklyEastFruit Ukraine Weekly Pro. Detailed product information is available here.

Source: https://east-fruit.com/novosti/v-ukraine-nachala-deshevet-morkov/