There is a downward trend in prices on the carrot market in Ukraine, according to analysts of the EastFruit project. At the same time, according to the producers, the demand for carrots today remains quite low: wholesale companies make purchases as needed, preferring not to lay products for long-term storage, which negatively affects the overall price level.
For example, as of today, producers are shipping carrots at 15-23 UAH/kg ($0.36-0.56/kg), depending on the quality and volume of the offered batches of vegetables, which is on average 21% cheaper than a week earlier. The reason for the decline in prices for root vegetables, according to the project experts, is a seasonal increase in supply amid rather restrained demand for these products. In an effort to boost sales, farmers are forced to revise selling prices for carrots downward.
It is worth adding that despite the price decline, today carrots in Ukraine are on average 2.4 times more expensive than in the same period last year.
You can get more information about the development of the market of carrots and other fruit and vegetable products in Ukraine by subscribing to the operational analytical weekly – EastFruit Ukraine Weekly Pro. Detailed information about the product can be found here.
