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Collapse of tomato prices in Ukraine

Tomato prices are falling quickly in the Ukrainian market, reports APK-Inform: Vegetables and Fruits. According to the project's daily monitoring, the prices for this product have fallen by almost a quarter in a week.

At the moment, traders are already willing to ship tomatoes for 35-38 UAH/kg (0.99-1.07 Euro/kg). For comparison, a week earlier the prices for these products in Ukraine often reached 50 UAH/kg (1.41 Euro/kg).

The main reason for this price trend, according to market players, is the extremely low demand for the product. Wholesale companies and retailers are buying tomatoes in small batches, allegedly because of low consumer demand. Moreover, buyers are often said to be dissatisfied with the quality of the tomatoes on offer.

As a result, the price of tomatoes in Ukraine is about 13-16% cheaper than in the second half of January 2017, and market players do not rule out further price drops.

Source: fruit-inform.com

Publication date: 1/25/2018


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