Potato prices quadruple in Ukraine year-on-year

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Ukrainian producers have yet again raised the prices for selling potatoes, as per to EastFruit. The Ukrainian potatoes’ prices have been soaring to around 15 UAH/kg ($0.39-0.52/kg. ) that’s 11 percent higher as compared to the fixed price at the end in 2023.

The recent price rise for this sector is due to a general decline in the supply of potatoes from small-scale farms located in Ukraine. In the absence of capacity for storage that lasts long numerous Ukrainian farmers had to sell their potato crop in the initial portion of the season.

Wholesale firms are also battling to source high-quality potato locally grown. The farmers then are blaming the low quality of their potatoes to poor weather conditions that occurred during the harvest. The heavy rainfall did not just affect the appearance of the potato, however, they have also impacted their shelf lives. Furthermore, the growers are complaining of the substandard seeds that they grew in 2023.

So, today’s selling prices for potatoes sold in Ukraine are, on average 3.9 times higher than the prices set in the month of January in 2023. Additionally, numerous market participants believe that prices will rise further in the coming months due to the announcement that there could be a shortage of top-quality potatoes on Ukraine. Ukrainian market.


More information about the company: east-fruit.com

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Source: The Plantations International Agroforestry Group of Companies