In Belarus, the collapse in prices for cucumbers, tomato rose in price only in Ukraine – market review for the 8th week of 2020


In Belarus, the collapse in prices for cucumbers, tomato rose in price only in Ukraine – market review for the 8th week of 2020

02/23/2020

In a number of countries in the region, there has been a change in price trends in the tomato and cucumber segment

On the market of greenhouse tomatoes and cucumbers in the countries of the EastFruit project monitoring region, the next changes in the situation were recorded. At the same time, dramatic changes in previously established prices were noted only in isolated cases and exclusively in the segment of cucumbers.

At the same time, in the outgoing week, in many of the analyzed countries, project specialists noted stabilization of the price situation, which was facilitated by the optimal ratio of supply and demand of products on the market.

Tomato prices as of Feb 21, 2020

Over the past seven days, bearish price trends have dominated the round red hothouse tomato market, which was explained by a decrease in consumer activity, and was typical for Moldova, Uzbekistan and Tajikistan. At the same time, the maximum decrease in prices for tomatoes did not exceed the figure of 21 US cents, while in Moldova the decrease was even minimal, by 6 cents in the last week.

The exception in this case was Ukraine, where by the end of the reporting period, previously set prices for tomatoes had grown by almost 10%, which was facilitated by high demand from buyers. Moreover, the absence of interruptions in the supply of new consignments of tomatoes to the Ukrainian market and the supply, which was assessed as sufficient, did not become an obstacle to raising prices and maintaining the same sales pace.

Cucumber prices as of Feb 21, 2020

If one exception is not taken into account, then it can be stated that by the end of the reporting period, the market for long smooth greenhouse cucumbers in the monitoring region had frozen. In almost all of the countries analyzed, the offer of smooth cucumber completely covered the consumer demand, and sellers did not even attempt to revise the previously set prices in one direction or another.

And only in Belarus, where the supply of local cucumbers of a new turnover significantly increased in the market this week, with consistently restrained demand, sellers increasingly had to make concessions to customers. Moreover, if a week earlier the average prices for long smooth cucumbers in Belarus were not announced lower than $ 2.73 / kg, then by the end of the reporting period they were fixed at around $ 1.63 / kg.

By the end of the outgoing week, the most expensive smooth cucumbers remained on the Georgian market, where the average prices for these products were announced no lower than $ 2.83 / kg, and the cheapest cucumbers remained on the markets of Uzbekistan and Tajikistan.

Gherkin prices as of Feb 21, 2020

The market for short tuberous cucumber was more active this week, and multidirectional price trends were recorded in this segment. As in the case of smooth cucumber, short was not without dramatic changes, EastFruit project specialists noted. A significant increase in supply amid restrained demand led to a decrease in wholesale prices for this type of cucumber in Belarus from $ 2.27 / kg to $ 1.95 / kg over the past week. Low demand amid a sharp increase in supply led to the development of a similar scenario in this segment and in the Uzbek market, where before that there were the lowest prices in the region, which by the end of the reporting period had fallen to $ 1.15 / kg.

During the reporting period, project analysts recorded an increase in the prices of tuberous cucumbers only in the Moldovan market, while it could not be called significant, since prices managed to add only 11 cents to the previous indicators. According to local market operators, a more drastic adjustment of previously set prices would have a negative impact on the sales rate of existing production lots.

In the remaining countries of the monitoring region, the situation in the market for short tuberous cucumber remained relatively stable throughout the past week.

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.






->

.