HomeNewsPink tomato prices in Uzbekistan have fallen by almost 30% over the past three weeks
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Pink tomato prices in Uzbekistan have fallen by almost 30% over the past three weeks

EastFruit analysts draw attention to the emerging downward trend in prices for greenhouse pink tomatoes in Uzbekistan of the past three weeks. According to EastFruit weekly monitoring, from January 21 to February 11, their average wholesale prices decreased from 17 000 UZS/kg ($1.6) to 12 000 UZS/kg ($1.1), i.e. by 29%.

Such price dynamics of the past three weeks has led to a narrowing of the gap between the average wholesale prices of the current and of the last year. The average wholesale prices for greenhouse pink tomatoes on January 21, 2022 were 127% higher than the average wholesale prices on the same date in 2021. But three weeks later, this gap was reduced by more than 2 times. As of February 11, 2022, the average wholesale prices for pink tomatoed are 50% higher than on the same date in 2021.

Notably, a totally different dynamics is observed in the wholesale prices for greenhouse red round tomatoes: after a 20% decrease from January 7 to January 14, 2022, wholesale prices again increased by 33% from January 21 to February 11, 2022.

We see on the graph that as a result of such multidirectional price dynamics in 2022, the price ratio for pink and red tomatoes has changed dramatically. If three weeks ago, on January 21, 2022, pink tomatoes were 42% more expensive than red round ones, then as of February 11, 2022, pink tomatoes became 20% cheaper than red round tomatoes.

Obviously, such dynamics is explained by a large increase in the supply of greenhouse pink tomatoes in the domestic market over the past three weeks, while the supply of red round tomatoes has decreased over this period.

In turn, the gap between the average wholesale prices of the current and last year for greenhouse red round tomatoes remains quite big. As of February 11, 2022, the average wholesale prices for red round tomatoes are more than 2 times higher than the prices on the same date in 2021.

 

EastFruit

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