Stocks of cabbage in Ukrainian farms are already close to depletion, analysts of the EastFruit project report. According to the daily monitoring of the project, prices for cabbage increased by an average of 40% over the past weekend alone and actually reached the highest rates in the history of the country’s independence.
Wholesale batches of Ukrainian cabbage practically do not go on free sale. Producers who still have sufficient volumes are currently unable to deliver systematically. The main reason for this is the break in supply chains and the fact that large volumes of cabbage are in the occupied territories. Due to rush in the domestic market, prices for cabbage are growing almost daily: at the end of last week farms sold cabbage at 14-18 UAH/kg ($0.48-0.62/kg), but today prices have already jumped to 20- 25 UAH/kg ($0.68-0.85/kg). Local wholesale companies immediately began to compensate for the current shortage of local cabbage with imports from Poland.
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According to the APK-Inform: Vegetables and Fruits project, to date, wholesale prices for Polish cabbage in Ukraine have formed in the range of 17-20 UAH/kg ($0.58-0.68/kg).
It should be noted that current prices for cabbage in Ukraine are on average 5.8 times higher than in mid-March 2021. The reason for the sharp price rise was the low harvest in Ukraine, when, due to a cold snap in October, a large part of the cabbage crop was lost in the fields, and the quality of harvested cabbage often did not allow long-term storage.
The ongoing devaluation of the Ukrainian currency, due to hostilities in the country, also plays a big role in the growth in prices for fruits and vegetables and cabbage in particular.
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