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Rising demand for beetroot on the Polish market

2021-04-28 10:34
April brought the first improvement in demand for beet in a long time. However, this did not translate into improved prices until this week. It was only in the last few days that prices for this vegetable at the large wholesaler improved slightly. However, as can be seen in the chart below, this is just a return to the situation in February and early March this year (when exports to Ukraine revived for a while).
 
 
At the moment, beet washed and bagged is selling for 0.50-0.70 PLN/kg at the big wholesaler, still 14% less year-on-year. The chart also shows that the current average price (0.60 PLN/kg) is among the worst levels, for the end of April, over the last ten years.
 
The improvement in demand and the slight strengthening of prices for red beet can only be attributed to the weather. The cold spring delayed the new season by slowing vegetation. Young beet is very scarce and this will not change for some time. And stocks from the 2020 harvest are not at all large in this perspective of an extended marketing season. Prices would, of course, be much higher if it were not for the government keeping the HoReCa sector closed. The opening of restaurants and hotels would radically change the reality of the vegetable market.
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