Cheap imports hit greenhouse tomato prices in Russia


Cheap imports hit greenhouse tomato prices in Russia

03/19/2020

Local tomato in Russia today is on average 13% more expensive than in the same period last year.

According to experts from the EastFruit project, this week the supply of imported tomato from Morocco and Turkey increased sharply in the Russian market, against which prices for these products began to decline. Moreover, another post-holiday decline in demand in this segment was another factor that influenced the cheapening of both imported tomato and domestic.

So, according to wholesale companies, today tomato from Morocco and Turkey goes on sale to the Russian market at a price of 100-150 rubles / kg ($ 1.25-1.88 / kg), which is on average 35% cheaper than a week earlier. At the same time, market participants note that, unlike Moroccan and Turkish, tomatoes from local greenhouse combines were of higher quality and sold no cheaper than 120-170 rubles / kg ($ 1.50 -2.13 // kg), which is on average 19% cheaper than at the end of last working week.

See also: In Russia, amid ruble weakening, greenhouse vegetables rise in price

Also, market participants reported an increase in the supply of domestic tomato. However, in comparison with import supplies, consignments of Russian tomatoes remained small and were sold mainly at retail.

At the same time, it is worth noting that local tomato in Russia today is on average 13% more expensive than in the same period last year.

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