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Asparagus prices still high in Ukraine – drop may be imminent

In Ukraine, the season of local asparagus is gradually gaining momentum; prices are still holding at relatively high levels. The current season of asparagus started about two weeks later than last year, and prices for the first small wholesale batches were 15% higher on average.

At the moment, the supply of local asparagus on the Ukrainian market is still limited, and good quality products are offered at rather high prices. Large producers who have contracts for the supply of asparagus to supermarket chains still manage to sell their products from UAH 200 / kg ($7.20 / kg), while on the supermarket shelves the retail price could reach up to UAH 500 / kg. ($18 / kg).

However, only a few large producers – with established contacts with retail chains - can count on such price levels. In the meantime, the situation looks less rosy for small farmers. Thus, the active growth in the popularity of asparagus in Ukraine in the past few years has naturally led to an increase in the cultivated area with many small producers involved.

As a result, in the wholesale markets of the southern regions, where asparagus mature earlier, there are already offers of small wholesale lots of asparagus at prices around UAH 100 / kg, and the producers themselves receive an even lower price. In this case, we are talking about a low-quality product with frost damage or non-standard appearance and without packaging.

Source: east-fruit.com


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