Forecast: Moldovan grapes of export quality will continue to rise in price


Forecast: Moldovan grapes of export quality will continue to rise in price

02/14/2020

By mid-February, the maximum wholesale price for Moldova’s main export grape varieties in the domestic market increased by almost 7 lei / kg ($ 0.41 / kg), to 20-21 lei / kg ($ 1.20-, 26 / kg)

Representatives of the Association of Table Grape Producers of the Republic of Moldova believe that the potential for rising prices for grapes from the 2019 harvest has not yet been exhausted. According to monitoring by East Fruit, by the middle of February of the current year, compared to the January level, the maximum wholesale price for grapes of the main export variety Moldova on the domestic market increased by almost 7 lei / kg ($ 0.41 / kg), up to 20- 21 lei / kg ($ 1.20-, 26 / kg). At the moment, the price of table grapes is already about four times higher than the February level of last year. But this is not the limit. Some major exporting producers hope that by the end of February – early March, the price of marketable leftovers from high-quality grapes will increase to 24-25 lei / kg ($ 1.44-1.50 / kg).

Experts of the industry association note that the comparison of current grape prices with their last year’s level is not correct, since in February 2019 low-quality goods were sold at the “residual price” on the Moldovan market, and a significant amount of substandard products was simply thrown out. A much more objective, from their point of view, is a comparison with the situation in the winter of 2018, when, in conditions of high demand, a significant proportion of table grapes from refrigerators was sold at a price of 23-25 ​​lei / kg ($ 1.32-1.44 / kg )

See also: Chilean breeders present new varieties of table grapes

In February, some relatively large producers, who deposited several hundred to a thousand tons of grapes, just started selling it. According to representatives of the association, by the middle of the month, up to 5 thousand tons of table grapes have not yet been sold.

According to the National Food Safety Agency ANSA, in January of this year, about 8 thousand tons of Moldovan grapes were exported to 14 countries of the world.

Eastfruit

Key news and analysis of the fruit and vegetable market on Facebook and Telegram East-Fruit.com

Subscribe!

Using the materials of the site is free if there is a direct, open to search engines, hyperlink to a specific publication of the analytical platform East-fruit.com.






->

.