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Shifting fruit and vegetable prices across Eastern Europe, Central Asia, and the Middle East

In the realm of high-tech greenhouse cultivation, an understanding of market dynamics is essential. The EastFruit team's latest analysis sheds light on the fruit and vegetable market trends across Eastern Europe, Central Asia, and the Middle East. This analysis is rooted in data from the EF trade platform, which boasts 26,000 participants from over 50 countries worldwide.

In Ukraine, the market has observed a downturn in carrot and onion prices, attributed to accelerated sales by growers. This is paralleled by a notable decrease in onion quality in storage, affecting their market value. In contrast, cucumber, sweet pepper, and tomato prices have escalated. Eggplants have seen a price increase, while zucchinis have become more affordable. The segment for high-quality garlic has also experienced a price hike. In the greens market, dill and parsley prices have fallen, whereas green onions and lettuce have seen a rise in prices.

The Ukrainian fruit sector reports a decrease in orange and lemon prices. Apple prices have dipped, though select varieties maintain higher price points. Persimmons are on an upward price trajectory, with a broader price range observed for mandarins.

In Uzbekistan, there's been an uptick in potato prices, with tomatoes also fetching higher prices than the previous week. Mandarin prices have decreased, while oranges have become pricier. The price spectrum for pears has narrowed, and grape exports have notably increased 2.2 times over the last eleven months.

Egypt's market has seen potato prices rise, with the introduction of the first price offers for sweet peppers. The country's export of frozen strawberries to Brazil has surged, marking a thirtyfold increase over five years.

The EastFruit Trade Platform indicates a 10% increase in posted offers, with significant activity from Ukraine, Uzbekistan, Egypt, and Poland. Conversely, Iran's offerings have diminished, while Greece has made a market comeback. Ukraine, Uzbekistan, Iran, Egypt, and Poland remain the most active countries in terms of offer numbers.

Onions have become the top-selling product, with a significant sales increase from Ukraine. There's also a higher supply of beetroots, white cabbage, and carrots, with Kazakhstan as the primary buyer of Uzbek carrots. The market for potatoes is contracting, while broccoli, Chinese cabbage, red onions, cauliflower, and greens are seeing robust sales, particularly from Uzbekistan and Ukraine.

In the fruit sector, apples lead in sales despite a decreasing supply. Moldova's apple harvest for 2024 is projected at 150-160 thousand tons. Grapes have become more prevalent, while persimmons and mandarins have seen a decrease in availability. Mandarins have been sourced from Georgia and Azerbaijan.

This comprehensive analysis from the EastFruit Trade Platform highlights the dynamic shifts in product prices and availability, influenced by storage quality, seasonal factors, and regional demands, offering invaluable insights for high-tech greenhouse growers navigating the ever-changing market landscape.

Source: East Fruit

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