Mexican Onion Wholesale Prices Skyrockets Both in Domestic and the US market

Mexican Onion prices have skyrocketed in the Mexican wholesale market to 139.28% YoY and in the US wholesale market to 103% YoY.
Onion prices in Mexico previously recorded a 57% YoY on Jan-22 at the beginning of the year due to high demand in the US market. However. a rise in input costs, an increase in prices in packing materials, and the country's economic inflation have all kept onion prices soaring.