HomeNewsCabbage in Ukraine is three times more expensive than last year

Cabbage in Ukraine is three times more expensive than last year

Prices for last year’s cabbage in Ukraine continue to grow steadily, according to analysts of the APK-Inform: Vegetables and Fruits project. The main reason for the rise in prices, according to market players, is the seasonal depletion of stocks of cabbage given a quite high demand.

Taking into account the rapid decline in the stocks of cabbage in the farms, Ukrainian producers began to restrain the sale of high-quality products, which in turn led to another rise in prices in this segment. As a result, 2020 harvest cabbages are sold at 6-10 UAH/kg ($ 0.22-0.36/kg) today, which is on average 37% more expensive than at the end of the last working week.

It should be noted that the current prices for cabbage in Ukraine are on average 3 times higher than in the same period last year when prices varied within 2-3.5 UAH/kg ($ 0.07-0.13/kg). At the same time, key market players assume that prices for last year’s cabbage may rise even more at the beginning of next week.


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