EastFruit analysts have repeatedly drawn attention to record high prices for grapes in Uzbekistan this season. After a short pause in the first week of September, prices for these products resumed rising. Over the past two weeks, wholesale prices for the seedless Kishmish grape variety have increased by 17%, white grapes have risen by 38%, and black grapes have increased by 22%.
According to EastFruit price monitoring data, from September 8 to September 22, 2023, the average wholesale price for Kishmish grapes in Uzbekistan increased from 18,000 to 21,000 sum/kg (from $1.18 to $1.72). Considering that the price increase for these products began more than a month ago, from August 11 to September 22, 2023, the average wholesale price for Kishmish grapes increased 2.1 times – from 10,000 to 21,000 sum/kg (from $ 0.83 to $1.72).
The gap between current wholesale prices and the levels of previous years remains very large. As of September 22, 2023, the average wholesale price for Kishmish is 2.6 times more than on the same date last year and 2.3 times more than on the same date in 2021.
Over the past two weeks, prices for other types of grapes have also increased significantly: from September 8 to September 22, 2023, the average wholesale price for white grapes increased by 38% – from 16,000 to 22,000 sum/kg (from $1.32 to $1.80), black grapes increased in price by 22% – from 18,000 to 22,000 sum/kg (from $1.48 to $1.80), and red grapes by 13% – from 27,000 to 29,000 (from $2.22 to $2.38 ). Over the last month – from August 25 to September 22, 2023, the average wholesale price for white grapes increased twice, for red grapes – almost one and a half times, and for black grapes – by 38%.
Current wholesale price levels for white, red, and black grapes are several times higher than those recorded on the same date in previous years. As of September 22, 2023, average wholesale prices for white and red grapes are 2.7 times higher than at the same date last year, and prices for black grapes are 2.2 times higher than last year’s.
EastFruit analysts have repeatedly noted that the reason for such dynamics in grape prices in Uzbekistan this season is the low harvest due to January frosts. The abnormal cold observed in Uzbekistan in the second ten days of January caused enormous damage to the grape harvest. Read more about the consequences of January weather anomalies on the grape harvest in Uzbekistan and Tajikistan in the detailed material “Grape disaster in Tajikistan and Uzbekistan – losses of hundreds of millions of dollars!”
Source: EAST FRUIT