Ukraine: Apple prices increased by 23% over the year

According to analysts of the APK-Inform: Vegetables and Fruits project, Ukrainian farmers are raising prices for apples. The analysts emphasize that export-quality fruits are becoming more expensive.

As of late last week, prices for apples, depending on the variety, were in the range of 10-21 UAH/kg ($0.36-0.75/kg), which is on average 16% more expensive than a week earlier.

“The increase in prices for apples of export quality in Ukraine against the backdrop of a gradual reduction in warehouse stocks can be as painless as possible for local farmers,” said Alexander Khorev, the head of APK-Inform: Vegetables and Fruits.

“External buyers, especially in countries in the Middle East, will be interested in some time in the supply of apples from European countries. This will not last long since producers from the Southern Hemisphere (South Africa) will gradually begin the season in the coming days. The rating of international apple suppliers by the beginning of March 2021 will change dramatically,” the expert told east-fruit.com.

Current prices for apples in Ukraine have already exceeded the level of the last year by an average of 23%. Stocks of apples in storage are running out rather quickly, which will only provoke further price increases. The majority of Ukrainian farmers have managed to sell almost the entire apple harvest in January.


Photo source: Dreamstime.com


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