AZE.US
Apricot prices have sparked debate in Azerbaijan after the fruit was offered at some Baku stores for 17–18 manats ($10–$10.60) per kilogram despite the summer season.
Economist Eyyub Karimli told Globalinfo.az that prices are determined by supply, demand and competition, with significant differences between retailers and locations.
“Some products may be cheaper at certain shopping centers and more expensive in the city center. Every product has its own buyer,” Karimli said.
According to the economist, apricots currently cost as much as 18 manats per kilogram at some markets, although shoppers can find lower prices elsewhere.
“If a product is offered at that price, it means there are buyers willing to pay it. Without demand, such a price would not be sustainable,” he said.
Karimli added that consumers have the option of comparing prices and purchasing fruit from retailers that fit their budgets.
AZE.US