The Price of Ukrainian Potatoes has Already Dropped below the Level of the Last Year
In Ukraine, selling prices for potatoes began to decline, according to analysts of the EastFruit project. Prices for potatoes are under pressure from a fairly abundant supply, while potato sales are slow. As a result, manufacturers are lowering prices in order to increase the rate of sales of these products.
Currently, Ukrainian producers offer potatoes for sale at a price of 5-7 UAH / kg ($ 0.18-0.25 / kg), which is on average 12% cheaper than a week earlier. The main reason for the decline in potato prices is the so-called seasonal factor when the volume of products on the market increases almost daily.
Besides, potatoes in Ukraine are already offered on average 25% cheaper than in the same period last year. At the same time, most of the key market players do not exclude a further decline in prices in this segment, if the rate of potato sales does not accelerate in the near future.