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Decline in fruit prices amidst economic hardship in Hyesan, North Korea

In Hyesan, located within Ryanggang province of North Korea, the markets have observed a notable decrease in fruit prices, encompassing both domestic and imported varieties. This reduction in cost is attributed to an increase in supply, with fruits arriving more frequently from inland areas and China, offering lower prices seasonally. Despite the availability of high-quality, in-season fruits like pears, apples, and grapes at reduced prices, vendors face challenges due to slow sales. The economic conditions have led customers to prioritize essential needs over purchasing fruits.

As reported, the current price for a kilogram of domestically produced pears, apples, and grapes stands at 5 USD, 7 USD, and 22 USD, respectively, marking a decrease from the previous month. Imported fruits have also seen a price drop, with pears and apples from China now priced at 5 USD won and 7 USD per kilogram, respectively, and grapes at 22 USD.

The decline in fruit sales is primarily due to the decreased purchasing power among the public, with many prioritizing staple foods over fruits. Market vendors express frustration over the lack of sales, highlighting the severe impact on their livelihoods. One vendor voiced concerns over the sustainability of their business, while another lamented the unsold stock, fearing for the future amidst rumors of worsening conditions.

Source: Daily NK

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