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Sour cherry prices in Ukraine started to decline at the beginning of the season

Sour cherry harvesting started in Ukraine this week, according to EastFruit project analysts. So far, only small lots are offered for sale. At the same time, project experts note that despite the fact that the sour cherry sales season this year began a week later than usual, prices have already started to decline.

The first small batches of sour cherries at the beginning of the week became available on the market at UAH 30-40/kg ($ 1.10-1.47/kg), but today their selling prices have dropped to UAH 25/kg ($ 0.92/kg). Growers plan to enter the market with higher volumes next week.

Growers explain the decline in selling prices in the sour cherry segment at the very beginning of the current season by a rather low demand. It is notable that today cherries and strawberries can be bought at almost the same prices. Also, processing enterprises do not purchase sour cherries yet, since the price is still high for them.

Market operators believe that the average price for sour cherries this season may be lower than last year, due to a higher harvest. It is worth noting that sour cherries suffered the least from adverse weather conditions among all the stone fruits. At the same time, many growers forecast a decline in prices in this segment as early as next week.

EastFruit

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