Limited supply leads to skyrocketing prices for Russian greenhouse tomatoes

Greenhouse companies in the Russian Federation continue to increase prices for tomatoes. Their decision is based on a noticeable reduction in the supply of greenhouse tomatoes due to the end of the season. Also, the prices for local greenhouse tomatoes are supported by expensive imported products, their price having grown significantly compared to last year due to the devaluation of the ruble. At the same time, the supply of imported tomatoes on the Russian market is very limited.

According to EastFruit analysts, at the moment, most of the greenhouse plants in Russia have already announced the end of the sales season. Only farms engaged in plant protoculture are still selling. Today they offer tomatoes for sale at 105-155 rubles/kg ($1.43-2.11/kg), which is on average 15% more expensive than at the end of the last working week.

Up to this point in time, traders have not been able to fully compensate for the shortage of local products at the expense of imported tomatoes, since the supply of them from the external market is somewhat unstable. At the moment, imported greenhouse tomatoes are offered in Russia at 120-175 rubles/kg ($1.63-2.38/kg), Turkey and Azerbaijan being the leading suppliers.

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