Since the beginning of December 2023, carrot prices have continued to increase in Ukraine. EastFruit analysts report this, Ukrinform reports.
Today, Ukrainian producers are already shipping high-quality carrots at a price in the range of 11-15 UAH/kg (0.29-0.40 USD/kg), and this is on average 10% more expensive than at the end of last week. At the same time, industry experts note that the upward trend in price is observed exclusively in the segment of high-quality carrots purchased for further storage.
According to market participants, the main driver of price growth in the carrot segment was the increased demand for the vegetable on the eve of the New Year holidays. Wholesale companies and retail chains are building up stocks of these root vegetables and are ready to revise prices upward, but only for high-quality products.
It is noted that despite the next increase in price, today carrots on the Ukrainian market are offered on average 25% cheaper than in the same period last year. At the same time, analysts of the EastFruit project do not exclude a further increase in prices for high-quality carrots in the near future. In their forecasts, experts relied on a gradual decrease in the volume of quality carrots in the storage facilities of local producers.
As Ukrinform reported, carrots in Ukraine began to rise in price in the second half of October, when prices increased by 37% – to 6-10 UAH/kg (0.17-0.28 USD/kg).
Photo from east-fruit.com
