The war that began in 2022 significantly affected Ukrainian grain exports, which suffered significant losses during 2023. However, thanks to the "grain initiative" signed in July 2023 and the active use of alternative export routes, it was possible to restore and increase the supply of Ukrainian grain to the world market.
Prices for vegetables in Ukraine during February 2024 showed ambiguous dynamics, changing depending on the type of product, region, weather conditions and other factors.
Despite the full-scale war, Ukrainian meat exports showed resilience in 2023. According to the State Statistics Service, Ukraine exported 100,000 tons of meat products for a total of $300 million. USA.
Exports of Ukrainian dairy products during 2023 showed resilience, despite the difficult conditions caused by the full-scale war. According to the State Statistics Service, in 2023 Ukraine exported 200,000 tons of dairy products for a total of $500 million. USA.
Food prices in Ukraine in recent weeks have shown heterogeneous dynamics, with price increases in some categories and stability or slight price increases in others. According to the State Statistics Service, in January 2024, the inflation rate for food and non-alcoholic beverages amounted to 0.5%, which is slightly higher than the general inflation rate (0.3%).
The average price of food products at the beginning of the year in our country increased by almost 4% compared to the same period last year, analysts report.
Recently, the price of tomatoes imported from Turkey has started to decrease rapidly in our country. Experts from the EastFruit platform call the main factor of this decrease a rather small interest on the part of large wholesale companies.
Ukrainian producers and farmers could not avoid a decrease in the cost of cabbage, experts from the EastFruit platform report.