This week, representatives of greenhouse farms in Ukraine are once again forced to reduce cucumber prices, according to analysts from the EastFruit project. Just a week ago, this market segment experienced positive price trends, which led to an anticipated decline in trading activity. According to the producers, the downward price trend is triggered by a significant increase in the supply of greenhouse cucumbers, while buyer demand continued to decline gradually.
As of today, Ukrainian greenhouse farms are selling cucumbers at 40-55 UAH/kg ($0.97-1.33/kg), depending on the variety, quality, and volume of the offered batches. The newly set prices are on average 11% lower than at the end of the last working week.
It is worth noting that greenhouse farms could not avoid the price decline, even despite a significant reduction in competition from open-field cucumbers. Currently, this product is offered by a few farms that are selling the remaining batches of medium to low-quality vegetables.
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Despite yet another decrease in wholesale prices, greenhouse cucumbers are presently sold at 150% higher than in the same period last year.
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