Moldova: Overstocks of potatoes and carrots hold up prices

Owners of large vegetable farms are claiming that they sold only about 20-30% of the total volume of potatoes and carrots put in storage last fall by the start of the last 10 days of January. They have stated that they have not entered a new year with such large stocks for many years. Large stocks of products have accumulated in the warehouses of traders-importers.

Intensification of imports meant potatoes were being offered on the Moldovan market at $0.17-0.23/kg and carrots at $0.14-0.20/kg by the end of the second week of January. According to trade enterprises, at present, imports of potatoes and carrots especially have decreased to a minimum due to the large inventories. This usually occurs in winter during cold snaps and heavy snowfalls causing logistical problems.

However, in January 2021, this has not been the case. So far, importers simply do not need root crops and they are becoming more expensive almost everywhere else in the region. According to an east-fruit.com article, Moldovan agrarians and vegetable growers are sceptical. Even with minimal imports, their own commodity stocks are enough to dampen price levels for root crops until the end of winter

 

Photo source: Dreamstime.com


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