Decline in wholesale potato prices in Ukraine: new market trends

Ukraine has seen a decline in wholesale potato prices, which was the result of a number of economic and seasonal factors. Over the past few weeks, the cost of this popular product has decreased significantly, which has both positive and negative consequences for farmers and consumers.

At the beginning of February 2025, potato prices decreased by 30-40% compared to the end of last year. As of the beginning of February 2025, the wholesale price of potatoes is 5-6 UAH per kilogram. This is a rather significant decrease, which is caused by both seasonal fluctuations and stability in the supply market.

One of the reasons for this decrease is the increase in the volume of the potato harvest in Ukraine in 2024. The year was favorable for farmers, and the amount of potatoes stored after harvest turned out to be significant. This contributed to the saturation of the market and allowed prices to decrease, since supply significantly exceeded demand.

Despite the decline in wholesale prices, this may negatively affect farmers’ incomes. They are forced to sell their products at prices below their production costs, which may affect their financial situation. This is a serious challenge for many small farmers, as they may suffer losses due to low wholesale prices.

For consumers, the decline in potato prices is positive news. Since this product is an important component of the daily diet, the decline in its prices ensures a reduction in food costs, which is especially important in conditions of economic instability. However, there is a possibility that prices may increase again if the demand for potatoes begins to recover.

Regarding future forecasts, experts believe that potato prices may remain stable during the spring period, but with the onset of the summer season, a gradual increase in value is possible. However, in conditions of unpredictable climatic changes and shifts in the economy, it is difficult to accurately predict the price of potatoes in the long term.

Thus, the decline in potato prices in Ukraine is an ambiguous phenomenon, having both positive and negative consequences for various market participants. Consumers may benefit from lower prices, while farmers may suffer losses due to reduced profitability of production. The potato market will remain under the influence of many factors that will determine its further development.