Currently, the main supply on the Ukrainian market of onions is from imports, in particular from Poland, analysts of the EastFruit project report. Since the beginning of the week, selling prices for imported onions started growing rapidly. Project analysts explain it both by the reduction in onion stocks in Poland and a significant increase in prices for logistics services.
According to the project’s daily monitoring, prices for onions from Poland in the Ukrainian market today are around of 14-18 UAH/kg ($0.48-0.62/kg). Thus, they have become more expensive by an average of 30% over the week. Meanwhile, the demand for onions in Ukraine remains quite high, and the supply is rapidly declining.
According to key market players, last year’s onion stocks in Ukraine are practically exhausted, and onions of new crop from local farms are not supplied to the market. As we have repeatedly reported, the Kherson region, which is one of the leaders in growing early vegetables in Ukraine, is currently under occupation.
It should be noted that current prices for onions in Ukraine are on average 3 times higher than at the beginning of June last year. At the same time, market participants do not rule out a further price rise in the segment until a new crop of onions becomes available on the market.
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