Export of onions from Ukraine reached an 8-year high

Published 2021년 8월 30일

Tridge summary

In the 2020/21 season, Ukraine saw a significant increase in onion exports, with a volume of over 34.1 thousand tons and earnings of $ 6.5 million, marking the largest export volume in eight seasons. The country offered the world's lowest onion prices, but experts believe that quality and export promotion could have led to higher earnings. The majority of exports were sent to the EU, with notable increases in Middle Eastern and Asian markets, including Bangladesh and Malaysia. This marks the first systematic exports of Ukrainian onions to Sub-Saharan Africa, a positive development for increasing the sales of onions from the region's largest exporter, the Netherlands.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the 2020/21 season, Ukraine has dramatically increased the volume and expanded the geography of onion exports. In total, more than 34.1 thousand tons of onions were supplied to foreign markets for the amount of $ 6.5 million. According to EastFruit, this was the largest export volume over the past eight seasons, but far from a record one, because in the 2012/13 season, i.e. nine years ago, Ukraine exported 54.3 thousand tons of onions. Andriy Yarmak, an economist at the Investment Department of the Food and Agriculture Organization of the United Nations (FAO), noted that throughout the previous season, Ukraine remained the country with the lowest price of onions in the world (about $ 0.09 / kg), and the average export price last year was the lowest for the last four years. “This speaks of the ineffectiveness of export efforts and low quality parameters, because Ukrainian vegetable growers are still focused on growing raw materials, not finished products. If onion production in ...

Source: AgroPortal.ua