PRICE DYNAMICS IN THE ASSORTMENT OF VEGETABLES OF ORGANIC AGRICULTURAL PRODUCTION IN 2014–2016

Abstract

The article analyzes the price dynamics of organic vegetables in Lithuania during the period of 2014 - 2016. A comparative analysis of the prices of organic vegetables (potatoes, carrots, onions) was carried out as well as a comparative analysis of Lithuanian and imported vegetables, the trends of organic potato and vegetable price dynamics were estimated. The research carried out has revealed that lowest price of organic potato during the research period was in spring and winter. Potatoes of new harvest during summer (1.23 EUR/kg) and autumn (1.25 EUR/kg) seasons are higher. Price difference between Lithuanian and imported organic carrots and potatoes during different seasons is insignificant; significant fluctuations have been recorded only in Lithuanian and imported carrots in all period and potatoes in 2015.
The most expensive vegetables were organic carrots, the average price of which in 2014 was 1.38 EUR/kg. During the research period the average price of organic potatoes was 1.21 EUR/kg, i.e. 2.5 of times more than the conventional carrots (0.47 EUR/kg). Prices of the imported vegetables were higher than the prices of Lithuanian ones. In the analysed period the price of imported carrots (1.98 EUR/kg) was on average 1.5 times higher than the price of Lithuanian carrots (1.31 EUR/kg), imported organic onions (2.33 EUR/kg) were up to 57% more expensive than Lithuanian onions (1.33 EUR/kg). Germany has a wider supply of organic products. The price of potatoes in Germany using the analyzed period has risen in 51%. In 2016, the price of potatoes in Germany was 34% higher than in Lithuania. During the entire research period the price of organic carrots in Lithuania was higher than in Germany. In 2016, onions in Germany were 16% more expensive.

Keywords: market, organic products, import, vegetables, potatoes.

Article DOI: http://doi.org/10.15544/RD.2017.065