The supply of quality carrots is decreasing in wholesale markets
This week, carrot prices have risen in Ukraine. Experts say this is due to high demand against a backdrop of limited supply.
This is reported by RBC-Ukraine, referencing data from EastFruit.
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Why carrot prices are rising
Market participants note that wholesale companies and retail chains are actively purchasing products, while vegetable stocks in storage are quickly diminishing. As a result, farmers have been able to raise prices for quality root vegetables.
Currently, carrots are sold for 6-13 hryvnias per kilogram. On average, this is about 20% more than at the end of last working week.
What is happening in the market
Experts explain the price increase by seasonal depletion of stocks. Wholesalers are increasingly facing difficulties in purchasing large batches of quality products, which further drives prices up.
Despite the price increase, carrots in Ukraine are still significantly cheaper than last year. As of now, prices are approximately 69% lower than during the same period last year.
Earlier, RBC-Ukraine reported that despite the stabilization of the energy system, food prices are unlikely to decrease significantly. Meat is expected to rise by about 10%, vegetables will remain expensive due to imports, and price reductions are anticipated only closer to summer (particularly for eggs and seasonal products).
We also reported that vegetables have become cheaper this year due to increased production, while bread, oil, and buckwheat are rising in price: bread is increasing gradually, oil has already risen significantly, and buckwheat is experiencing price hikes due to reduced sowing and artificial shortages.
