This week, raspberry prices have fallen dramatically in Ukraine, as reported by EastFruit. According to Ukrainian market players, the price collapse was quite expected in the raspberry segment, but it had not reached its limit yet. Meanwhile, rapidly growing supply of raspberries keeps pushing prices down under conditions of lack of demand.
As of today, Ukrainian raspberry growers fix their prices at UAH 35-60/kg ($0,96-1,64/kg), a decline of 27% week-over-week. Furthermore, most farmers have already stopped harvesting their raspberries, as prices reached UAH 35/kg ($0,96/kg) in the fresh market and UAH 17/kg ($0,46/kg) in the segment of berries for freezing. Thus, Ukrainian growers have already reached the conditions of no economic sense in raspberry growing, as current prices do not cover even harvesting costs.
Current raspberry prices in Ukraine are averagely 60% lower year-over-year in the national currency. Nevertheless, if raspberry sales rates do not grow in the nearest time, prices will most likely continue to fall.
For more information: east-fruit.com
