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Carrot prices on the rise in Russia

Carrots remain one of the most demanded vegetables on the Russian market, according to analysts from the EastFruit project.

Their price in Russia started to rise in early January, while the pace of trade has also been gradually increasing over the past 2 weeks. According to experts, since the beginning of last week alone, the price of carrots in the Russian Federation has grown by an average of 12% and currently stands at around 13-20 rubles / kg (0.20-0.30 $ / kg), whereas last week Russian growers sold carrots for no more than 17 rubles / kg (0.26 $ / kg).

Experts say that this increase in prices is due to the fact that many local producers are running out of high-quality carrot stocks, the harvest of which was rather modest this year. Thus, the reduction of the supply in the market against the background of good demand is allowing producers to bring prices up. Moreover, they are confident that the price of this product will continue to grow further.

At the same time, the project analysts say that the rise in prices for high-quality carrots on the Russian market could actually have been greater. However, this has been prevented by the presence on the market of large volumes from Belarus, which are offered at almost the same prices as the carrots from local farms.

It should be added that today the price of carrots in Russia is on average 47% higher than at the end of January 2018.


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