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Ukraine: Cucumber prices significantly lower than last year

Cucumber prices continue to fall in the Ukrainian market, so the product is already significantly cheaper than in the second half of February 2017, according to APK-Inform: Vegetables and Fruits. The project's analysts stress that while the decline in prices only affected imported products last week, now domestic cucumbers are also becoming cheaper.

In a week, imported cucumbers have become between 8 and 14% cheaper. Sellers are already ready to close deals at 30-35 UAH/kg (0.89-1.04 Euro/kg). It is also worth noting that while the main factor putting pressure on prices last week was the increase in the supply of local products, the situation now has been aggravated by the increase in the supply from foreign origins, since Iran and Spain have followed Turkey's example and also started making shipments.

It should be mentioned that as a result of the reduction in prices, imported cucumbers in Ukraine are already 38-45% cheaper than in the same period last year, while prices for local produce stand 17-19% below last year's.

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