Currently, prices for high-quality apples in Ukraine have dropped to the lowest level in the past three years. At the same time, there is still no demand in this segment, even after the selling prices have dropped.
This means that, since the end of last week, growers have lowered the minimum price range for almost all varieties of apples to UAH 5 per kg (US$ 0.19), which is on average 37% cheaper than the week before. Today, most Ukrainian producers prefer to store winter apple varieties in anticipation of higher prices and an improvement in the market situation.
Retailers and wholesalers also minimized their purchases of apples from local producers, citing low retail sales of these fruits. As a result, processing can be one of the options at the moment. But there are also some nuances here. Processing companies are ready to buy apples no more than UAH 1.80-2.40 / kg (US$ 0.07-0.09 / kg).
According to east-fruit.com, selling prices for apples in Ukraine are already 35% lower on average than in the same period last year. And today this price is the lowest in the last three years. Lower prices for apples were announced in 2018 when a record harvest of these fruits was harvested in the country.