News » 13.10.2021 - Russian Federation sees tomato prices double over past year
The limited supply of greenhouse tomatoes on the Russian market has made it possible for local growers to raise their prices. In fact, the prices for greenhouse tomatoes in Russia have been increasing for the third week in a row. Last Friday, a Russian greenhouse sold tomatoes at 100-150 RUB/kg ($1.39-2.09/kg), which is on average 11% more expensive than at the end of the previous working week.
Supplies of greenhouse tomatoes are now at low levels and unstable. Thus, a number of growers have already announced the completion of the sale of tomatoes from the previous production cycle. In the remaining greenhouses, the ripening of tomatoes slowed down due to the cold snap, and supplies from greenhouses stopped altogether, nor has the lack of local greenhouse vegetables been compensated by imported ones.
As a result of the current price rise, prices for greenhouse tomatoes in the Russian Federation are on average 2.3 times higher than in the first half of October 2020. At the same time, producers intend to further increase prices if the sales rates remain at the current level, explaining this by the limited supply of tomatoes from the local greenhouses.