Due to the limited potato stocks in eastern Europe, the market there continues to grow. As a result, the import volume of early potatoes is also increasing.
After a spurt in potato prices in Russia, the market has now also increased rapidly in Ukraine. On average, the price rose from 9 euros per 100 kilos to no less than 24 euros in one week (week 17). Good quality has now been cleared while high demand continues. Prices are quoted ranging from 22 to 33 euros per 100 kilos. In Russia, up to 43 euros per 100 kilos were reportedly paid after Easter.
Buyers are moving away
Due to the high local price level, potato buyers are moving to Israel and especially Egypt. The increased import volumes have dampened market prices somewhat. At 42 to 56 euros per 100 kilos free, these are no higher than the domestic market.