The pace at which potato prices are rising in Ukraine is quickening, drawing initial shipments of imports to the domestic market.

Large quantities of ware potatoes from Poland, Lithuania, and Latvia have been arriving in Ukraine since January 4, 2024.

“Currently, wholesale prices for potatoes in Ukraine are the highest in history, both in hryvnia and in terms of dollars or euros. In fact, over the year, prices for this product have increased by 3.5-4.0-fold. Moreover, in the last three weeks, the wholesale price for high-quality fresh potatoes in Ukraine has soared by 40% and exceeded the price level in neighboring EU countries, which made importing potatoes economically feasible,” Andriy Yarmak, economist at the Investment Centre of the Food and Agriculture Organization of the United Nations (FAO), cited by EastFruit.

According to the analysts, the prospects for updating potato price records in the spring of 2024 in Ukraine seem very realistic. Farmers who grow early potatoes can make good money, the experts concluded.