The wholesale price of Mexican onion escalated by +57.65% YoY. The price stood at USD 0.85 per kg in W4 December 2021, which was USD 0.54 per kg in the same period year ago. Reduced production of Mexican onion by -4.4% YoY in 2021 due to unfavorable weather led to less supply. On the other hand, US demand for onion increased due to re-opening restaurants in 2021. The price of Mexican onion eventually surge and the US increased the import of Mexican onion by +11.1% in the first ten months of 2021.
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