es are all over the place in Ukraine during this summer fruit season. Despite consumption being at its highest, there has been a significant decline in the price of raspberries, currants and apricots, while cherries are bucking the trend and becoming more expensive."Cherry wholesale prices have gone up by 20% (1.00-1.25/ kg), this is primarily due to a lower supply over significant demand. Today, processors from both Ukraine and Poland are vying to purchase cherries, complicated by a poor harvest due to spring frosts, causing Ukrainian cherries to be an average of 30% more expensive compared to a year ago. The harvest in both countries was affected by the spring frosts, causing prices to be around 30% more expensive than a year ago." said Tetiana Getman from Info-Shuvar.
Raspberry prices have also fallen by almost 10% (0,71-1,07 EUR / kg), currants are down by 15% (0.51-0.94 EUR / kg), blueberries fell by 20% in a week (1.69-2.29 EUR / kg).
"Experts say that the since there is a large supply of currants and raspberries, processors are focusing on cherries for the moment and will switch to the berries closer to August. Blueberry prices are not expected to reduce any time soon because many processors are very interested in the berry, especially after the cold spring decreased the supply." said Getman.
Apricot sees biggest price drop
According to Getman, the apricot has seen the biggest price drop, with a decrease of almost 150%.
"This season, the demand for imported apricots has almost doubled. In May 2017, Ukraine imported 465 tons of apricots, compared to 260 tons last year. Turkey Spain and Greece are traditionally the main suppliers." concluded Getman.
For more information:
Tetiana Getman
Shuvar
Tel: +38 (093) 719-92-74
Email: t.getman@shuvar.com
info.shuvar.com