According to EastFruit project analysts, cherry prices are on the rise in Poland. Polish producers report that cherry crops were strongly affected by the spring frosts this season, so we should not expect a good harvest this year. Furthermore, the quality of the fruit will be significantly lower.
At the moment, the majority of producers are selling their cherries for prices ranging between 2.53 and 4.56 $ / kg, which is on average 18% more expensive than a week earlier. Market operators explain that the positive price trend is due to the fact that the supply of cherries in the Polish market has been somewhat reduced due to cloudy weather, which does not contribute to a quick ripening. At the same time, the demand for local cherries has stayed at a fairly high level. Large wholesale companies and retail chains are the biggest buyers.
It is worth noting that at the moment, cherries in Poland are on average 1.6 times more expensive than in the first half of June 2019. Experts say that this is mostly due to a reduction in the fruit's yield due to adverse weather conditions.