Greenhouse vegetable farmers in Turkmenistan and Uzbekistan are grappling with a significant oversupply of tomatoes due to a decline in demand from Russian buyers, according to analysts at EastFruit.
Turkmenistan’s greenhouse farmers are reporting extreme difficulties in selling their produce, with prices falling below $1 per kilogram. “Demand in the Russian market has dropped sharply, continuously exerting downward pressure on prices,” noted the EastFruit report. Turkmenistan has rapidly expanded its greenhouse farming sector in recent years, increasing production volumes of tomatoes. However, the sharp decline in Russian purchasing power is presenting a major challenge.
Similarly, tomato prices in Uzbekistan have plummeted, averaging 32% lower than last year. Wholesale prices for red, round greenhouse tomatoes stand at $1.17 per kilogram for smaller quantities, with export prices similar to those in Turkmenistan. Despite these low prices, Uzbekistan often prioritizes exporting premium-quality tomatoes, which can fetch higher prices internationally than in the domestic market.
Uzbek exporters have highlighted the negative impact of the depreciation of the Russian ruble and financial instability in Russia. These factors have complicated the export of greenhouse vegetables to one of the region’s largest markets, exacerbating the difficulties faced by growers.
