Potato and onion at half price in Poland comparing to Ukraine

Fast vegetable price growth has been observed in Ukraine recently, so that prices on major vegetables increase the price level for the same products in the neighboring Poland.

We'll remind that vegetable prices used to be lower than in Ukraine for many years, but this year the prices are equal for the first time. Moreover, for some time Ukrainian prices were lower than in Poland. In fact, it meant absent supplies of cheap Polish vegetables on Ukrainian market. However, vegetable prices stabilized in Poland, and in Ukraine they go on growing dynamically. It concerns potato at most, as severe deficit on this product is obvious on Ukrainian market.

The prices on this commodity exceed in average 70% over relatively high potato prices in Poland. White cabbage prices surprise the most, as they nearly 50% higher the wholesale prices in Poland, despite of the absence of any fundamental reasons for that. Onion price has grown to such extent in Ukraine that it exceeded 80% wholesale price in Poland. Large wholesale volumes of bulb onion can be bought USD 0.12-0.14/kg on Bronishe market near Warsaw, and even cheaper on farms. Wholesale price on this product reaches USD 0.25-0.29/kg in Ukraine. Only carrot price differs insignificantly in both countries. Wholesale prices on red beets are just a little bit higher in Ukraine than in Poland.

Despite of the fact that prices on Polish and Ukrainian markets do not depend much from each other to the present moment, from year to year they tend to. At the nearest future price dependence of two large produce countries will increase, according to the evaluations of the Agricultural Marketing Project.

(Source: FreshPlaza)