Global oversupply of onions generates price drop affecting Peru, Mexico, Argentina, and Spain

The global onion business represents a large-scale ecosystem, with an annual export value bordering $5082 million. The international landscape of 2025 has been marked by a global oversupply during the first semester, which has kept prices under pressure in markets such as the United States and has caused a "globalization" of low prices that impacts producers from Peru, Mexico, Argentina, and Spain, as reported by FreshFruit. Climatic volatility and phytosanitary risks continue to be structural problems. In Europe, drought threatens production in the United Kingdom, while in Spain, rainfall and diseases such as downy mildew and thrips reduced early onion production, making large sizes more expensive. However, opportunities emerge associated with product differentiation, especially in the demand for large onions for the Horeca channel, in which Spain maintains an advantage. There is also growing interest in processed products, such as dehydrated, flake, or frozen onions, aimed at ...