Ukrainian industry experts claim that the attractiveness of exporting potatoes to the Belarusian market continues to grow, and its export shipments continue. During the past four weeks, the difference in wholesale prices for potatoes on the domestic market of Belarus and Ukraine has doubled, making exports even more profitable.
Prices for potatoes on the Ukrainian market have not changed since July, frozen at around $0.22 USD per kg, while in Belarus the price level has already reached $0.36 USD per kg. Thus, at the moment, Belarusian consumers pay exactly twice as much for 1 kg of potatoes as at the same time in 2020.
Still, there is another factor that stimulates the supply of potatoes from Ukraine to Belarus; the growing demand and prices for potatoes in the Russian market. During the past four weeks, prices for potatoes in Russia have increased by 42%, and the difference in prices between the markets of Ukraine and the Russian Federation already exceeds 100%.