Garlic prices are expected to fall in Ukraine. Some price increase is forecasted only at the end of autumn, said the head of the Best Garlic group of companies, Mikhail Soroka.
Due to excessive rainfall during May, the western, central and northern regions of Ukraine will not be able to produce high quality garlic. Because of this, the price will go down.
The decline in prices will also occur due to the closure of the quota for export of garlic. 500 tons of garlic for export abroad can be collected very quickly, which will affect the prices of the domestic market.
The group of companies "Best Garlic" is going to appeal to the government to increase the quota to at least 2 thousand tons, which will stimulate manufacturers and increase prices on the domestic market.
This, in turn, will raise interest in the cultivation of garlic from domestic producers, and will improve the quality of products.
Such an increase in quotas will not affect Europe in any way, since Ukraine will not succeed in replaying such market monopolists as France, Italy and Spain.
The price of garlic in the world market will increase by 5-7%, since China has reduced its cultivation area by 20 thousand hectares. Already in China itself, this led to an increase in its price to 700-800 dollars / ton. And over the past 3-4 years, the price of garlic in China was at the level of 200-400 dollars / ton.
Garlic prices in Ukraine will rise in October-November, when garlic from China comes to the market at new prices.