Record high prices on Moldovan table grapes market despite Russian ban and a good harvest
According to EastFruit analysts, in the recent 10 days wholesale prices for table grapes of all kinds in Moldova increased by 1-2 MDL per kg ($US 0.05-0.10/kg) or by 5-7%. Consequently, the export price of Moldova variety grapes is record high for this period, despite the export ban for Moldovan grapes by Russia and an increased production.
What drives the prices of table grapes up? Let’s look at the situation more closely.
Total production of table grapes in Moldova in 2022 was estimated at around 100,000 tons, around 20% up from the rather poor harvest of 2021. Nevertheless, due to a rapid increase in energy prices, farmers decided to store much smaller volumes of grapes than in 2021 – only around 20-25 thousand tons compared to around 40 thousand tons stored a year ago.
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