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Will Russia help Ukraine with vegetables?
Russia
Sunday 06 January 2008
According to the most recent estimations of "Agrooglyad: Vegetables and Fruits" weekly, the journal for fruit & vegetable business professionals in CIS, vegetable production declined 15% in 2007 in Ukraine. This fact has already led to the significantly increased prices for vegetables. The production of fresh vegetables for long-term storage reduced 13%. Potato production increased 7%.
The analysts of the periodical forecast, the prices for a most part of major vegetables (but for potato) will continue increasing in January-May 2008. The imports will be stimulated. Russia may become the most optimal supplier of major vegetables to Ukrainian market: this country had a rather good harvest of cabbage, potato, table beet and carrot. Also, there is no need to pay import tariff rates in case of vegetable imports from Russia.
At the same time, the prices for vegetables have been getting equal in Ukraine and Russia quite actively. In the beginning of the season cabbage and carrot were almost twice as cheap in Russia than in Ukraine; as of today, cabbage prices have already been 30-35% as high in this country than in Ukraine. Potato is just a little bit cheaper in Russia than in Ukraine (2%). That's why potato supplies are unfeasible at the present moment. The purchases of carrot and table beet in Russia may be of interest to Ukrainian wholesalers, because the prices for carrot are almost one third as lower in Russia than in Ukraine, and the prices for table beet are 15-20% lower.
www.lol.org.ua
The analysts of the periodical forecast, the prices for a most part of major vegetables (but for potato) will continue increasing in January-May 2008. The imports will be stimulated. Russia may become the most optimal supplier of major vegetables to Ukrainian market: this country had a rather good harvest of cabbage, potato, table beet and carrot. Also, there is no need to pay import tariff rates in case of vegetable imports from Russia.
At the same time, the prices for vegetables have been getting equal in Ukraine and Russia quite actively. In the beginning of the season cabbage and carrot were almost twice as cheap in Russia than in Ukraine; as of today, cabbage prices have already been 30-35% as high in this country than in Ukraine. Potato is just a little bit cheaper in Russia than in Ukraine (2%). That's why potato supplies are unfeasible at the present moment. The purchases of carrot and table beet in Russia may be of interest to Ukrainian wholesalers, because the prices for carrot are almost one third as lower in Russia than in Ukraine, and the prices for table beet are 15-20% lower.
www.lol.org.ua
