Prices of greenhouse cucumbers slump in Ukraine

Prices of greenhouse cucumbers in Ukraine have significantly slumped as of September 2020 due to their increased supply and low demand on the market.

"Greenhouse complexes in Ukraine are forced to reduce selling prices of cucumbers. The reason is the increase in the supply of cucumbers on the market and low demand in the segment," the Ukrainian TSN TV news service said on September 5.

Key market players do not rule out further decline in prices of the said vegetable.

Current price of greenhouse cucumbers

Read alsoHarvest 2020 in Ukraine: expert outlookTo date, greenhouse farms offer cucumber at UAH 12-19 (US$0.43 – US$0.69) per kilogram, which is 26% down on average against the prices reported as of August 29.

Prices of greenhouse cucumbers: forecast

"Noteworthy, the current price of greenhouse cucumbers in Ukraine is on average 1.7 times up from that reported as of early September last year. However, according to forecasts, the price will continue to fall in September since the supply of the vegetable will be growing," the report said.

Background

• Farmers earlier said Ukraine imported cucumbers in July for the first time in the country's history.
• In particular, the share of imported greenhouse cucumbers began to increase in high season.
• This trend, which is not typical for Ukraine, has been observed for the second consecutive year.