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Record prices drive Uzbekistan to import carrots for the first time

Over the past two months, the average wholesale prices for carrots in Uzbekistan have dropped by 38%, from 8,000 UZS/kg ($0.75) on August 12 to 5,000 UZS/kg ($0.47) on October 14, 2021.

Nevertheless, the current price levels are almost 2.5 times higher than on the same date in 2020, and 3.5 times higher than on the same date in 2019. Meanwhile, the harvesting of late-ripening carrots, which are usually harvested in Uzbekistan from September to the end of October, is to finish in about two weeks.

The record high prices for carrots in Uzbekistan in May and June 2021 were due to their rush demand in foreign markets, but this situation waned in the second half of July, since the craze had already died down by that time. On July 16, 2021 that the further dynamics of carrot prices in Uzbekistan will depend on the ratio of supply and demand in the domestic market, but wholesale prices remained high and several times exceeded the levels of previous years.

As of August 20, 2021, the average wholesale prices for carrots were about 3.5 times higher than on the same date in 2019-2020, and 1.5 to 3 times higher compared to other countries.

Source: east-fruit.com


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