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Prices for carrots in Ukraine are already 3 times higher than last year

Despite the seasonal increase in the supply of carrots on the Ukrainian market, Ukrainian farmers currently sell carrots 3 times more expensive than in the second half of October last year, EastFruit project analysts report. At the same time, selling prices in the segment started to grow again this week.

Today, Ukrainian producers ship carrots no cheaper than 15-18 UAH/kg ($0.41-0.49/kg), which is 18% more expensive on average than at the end of the last week. However, industry experts emphasize that the upward trend in prices is observed only for high-quality carrots, which are purchased for storage.

According to farmers, both traders putting carrots in storage, and consumers forming stocks for winter, are actively buying carrots now. In addition, sales to retail chains remain stable.

Current prices for carrots in Ukraine are already 3 times higher than in the same period last year. Market participants still do not rule out that the upward price trend in this segment may be a temporary phenomenon. In their opinion, a further rise in prices may encourage farmers to start selling carrots from storage, which will lead to an increase in supplies and, as a result, to a decrease in selling prices.

EastFruit

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