HomeNewsIn Russia, tomato prices have doubled over the past year
Exclusive News Trending

In Russia, tomato prices have doubled over the past year

The limited supply of greenhouse tomatoes on the Russian market allows local growers to raise their prices, analysts of the EastFruit project report. Note that the prices for greenhouse tomatoes in Russia have been increasing for the third week in a row.

According to the daily monitoring of the project, last Friday Russian greenhouse sold tomatoes at 100-150 RUB/kg ($1.39-2.09/kg), which is on average 11% more expensive than at the end of the previous working week.

As noted by market players, supplies of greenhouse tomatoes from are now at low levels and unstable. Thus, a number of growers have already announced the completion of the sale of tomatoes from the previous production cycle. In the remaining greenhouses, the ripening of tomatoes slowed down due to the cold snap, and supplies from greenhouses stopped altogether. Moreover, the lack of local greenhouse vegetables has not yet been compensated by imported ones.

We add that as a result of the current price rise, prices for greenhouse tomatoes in the Russian Federation are on average 2.3 times higher than in the first half of October 2020. At the same time, producers intend to further increase prices, if the sales rates remain at the current level, explaining this by the limited supply of tomatoes from the local greenhouses.

EastFruit

The use of the site materials is free if there is a direct and open for search engines hyperlink to a specific publication of the East-Fruit.com website.

Related posts

Avocado imports to Georgia are growing rapidly – is there an opportunity for import substitution for local producers?

EastFruit

Prices for strawberries keep falling rapidly in Ukraine

EastFruit

Early watermelon imports are becoming popular in Georgia

EastFruit

Leave a Comment