While the main ingredient of borscht — cabbage — is becoming more expensive in Ukraine, there has been an unusual decline in prices for greenhouse cucumbers. While autumn is usually a period of reduced supply of this vegetable and rising prices for it, September is witnessing a completely opposite picture.
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This is evidenced by the weekly monitoring data of the EastFruit company, according to which representatives of greenhouse combines were forced to start reducing selling prices for their products under the influence of a significant increase in the supply of these vegetables on the market. At the same time, sellers noted that trading activity in this segment remained quite restrained.
In other words, the increase in the supply of these vegetables against the background of low demand for them forced sellers to significantly reduce prices. This is a drop in wholesale prices by 16% – to 20−40 hryvnias per kilogram. The high harvest of second-round cucumbers was influenced by favorable weather conditions, which were established practically throughout Ukraine. In this case, greenhouse plants could not avoid a price drop, even despite a significant decrease in competition from sellers of cucumbers from open ground.
According to the Ministry of Finance portal, the retail price of 1 kg of cucumbers in Ukraine ranges from 43 to 52 hryvnias per kilogram, and in August they ranged from 45 to 62 hryvnias.
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“It should be noted that now the prices for greenhouse cucumbers in Ukraine are already on average 27% lower than at the beginning of September last year. At the same time, key market players do not rule out changes in the market situation in this segment in the near future,” EastFruit warns of the possibility of price increases.
Meanwhile, Deputy Chairman of the Verkhovna Rada Committee on Land and Agrarian Policy, Stepan Chernyavsky, predicted an increase in vegetable prices.
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