Ukraine has renewed the record for the export of cabbage, increasing supplies by 6 times!
In the season-2018/19 Ukraine has renewed the record for the export of cabbage, according to analysts of the Ukrainian Horticultural Association (UHA). Moreover, experts emphasize that the geography of supplies also significantly expanded.
In particular, from May to December of 2018 year Ukraine exported 2,400 tons of cabbage, which is 6,2 times more than in the same period of the season-2017/18 and 5,6 times more than in the past as a whole season. For comparison, for the season-2017/18, Ukraine exported only 431 tons of cabbage.
It should be noted that increasing exports of cabbage from Ukraine was possible even in the context of a significant reduction in its own production, which happened both due to reduction of areas, and as a result of adverse weather conditions. Moreover, the demand from exporters remains rather high, despite the fact that cabbage prices in Ukrainian farms are on average 2.5 times higher than in the past year. In particular, Ukrainian farmers are ready to ship this product at 7.5-10 UAH/kg or $ 0.27-0.36/kg.
This situation of the UHA analysts explains the very significant crop decline in neighboring countries, as well as in the EU due to drought and summer heat. As a result, this made it possible for Ukraine not only to increase exports, but also to significantly expand the geography of supplies. Moldova, Poland and Romania are the main export destinations for the current season. In the same time, Belarus was actually the only buyer of Ukrainian cabbage last season.
Experts from the Ukrainian Fruit and Vegetable Association predict that the trend of increasing exports of cabbage from Ukraine will continue to be observed. They argue their opinion on high prices and limited supply in importing countries. In particular, in Poland, cabbage is on average 40% more expensive than in Ukraine. Moreover, many local producers abandon sales in anticipation of even higher prices. Therefore, Polish traders are forced to look for alternatives on foreign markets.