Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Storage shortage and rising costs: Ukrainian vegetable prices under pressure

A third of the vegetables grown in Ukraine are at risk due to a lack of storage facilities. This is one of the key reasons behind rising vegetable prices, says Larysa Huk, an analyst at the information center.

In an interview, Larysa noted that market prices are lower and offer better variety than supermarkets this season. However, price increases can happen anytime, depending on supply and demand.

After the New Year, cabbage prices noticeably increased. Official statistics show a price jump of over €0.14 per kilogram in January, with market price exceeding €0.9.

Imported cabbage from Greece and Poland has already appeared in stores, with import volumes surpassing 5,000 tons in January alone, 11 times more than the same period last year. Given the lack of large-scale greenhouse vegetable production in Ukraine, imports will likely remain high in the coming months.

Potato prices have also fluctuated since last fall. Despite a seemingly sufficient supply, the main challenge lies in commercial-scale production. Most potatoes come from small household farms rather than industrial enterprises with adequate storage facilities. Currently, potatoes cost around €0.9 per kilogram, with young Egyptian potatoes available for €1.3.

The government aims to solve storage issues by funding new facilities. Experts estimate a critical shortage of around one million tons in storage capacity, with an optimal need for two million tons.

Price fluctuations are inevitable, influenced by supply, demand, and external factors like weather and imports. Supermarkets quickly adjust prices to consumer reactions—young cabbage has already dropped from €2.22 to €1.6 per kilogram.

With unpredictable market conditions, Ukrainian farmers must carefully assess production risks before investing in specific crops.

Many greenhouses have suffered from damage due to war or high operational costs, leading to lower yields. Additionally, high storage costs, logistical challenges, and energy expenses further complicate the situation and directly affect the cost of off-season vegetables.

Source: ukr.radio