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Tomato prices in Uzbekistan have stabilized, as EastFruit forecasted

In early November, EastFruit wrote about record-high prices for tomatoes in Uzbekistan. As of November 4, 2022, tomato prices were at the highest level, and wholesale prices were 61% higher than in neighboring Tajikistan and in 1.5 times higher than in Georgia and Moldova. What’s more, the difference between the prices for tomatoes in Uzbekistan and in the Russian market, which is the main market for Uzbek fresh tomatoes, disappeared at that time.

Although traders expected further price growth, EastFruit analysts forecasted a slowdown in growth or even price stabilization. In the next three weeks, the average wholesale price for rose tomatoes increased by only 5% and stabilized at this level, while the average wholesale price for red round tomatoes even decreased by 7%.

According to EastFruit price monitoring, the average wholesale price for rose tomatoes in Uzbekistan increased only from 19 000 to 20 000 UZS/kg (from $1.71 to $1.78) from 4 to 25 November 2022 and stabilized at the level of 20 000 UZS/kg ($1.78) over the past two weeks. The current average wholesale price for rose tomatoes is 11% higher than last year.

Over the same period, the average wholesale price for red round tomatoes decreased from 14 000 to 13 000 UZS/kg (from $1.26 to $1.16). As of November 25, 2022, the price is the same as recorded on the same date last year.

EastFruit

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