The price of borscht ingredients is falling, but prices may rise in the fall
Prices for vegetables used in borscht continue to fall in Ukraine thanks to the arrival of the new harvest. No shortages of major vegetables are expected in late August and September.
According to experts, potato prices fell by more than 20% in August; carrots dropped from about 45 to 25.65 UAH per kilogram; beets fell to about 17.50 UAH; and the price of onions has dropped to about 29 UAH per kilogram.
No significant price spikes are forecast for September–October—prices may rise by 3–5%, largely due to logistics and fuel costs.
However, the situation may change starting in November. The market share of greenhouse vegetables—whose production requires significant expenses for electricity and heating—will increase. As a result, prices may rise by 20–30%, and even more in the winter.
Source: RBC-Ukraine
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