In Tajikistan, onion prices have fallen to 9 cents per kg

EastFruit analysts report a collapse in wholesale onion prices in Tajikistan to the equivalent of 9 US cents per kg. Thus, since the end of onion harvesting, prices for onions have decreased by an average of 40%. Let us recall that the majority of participants in the fruit and vegetable market were confident of the opposite - a sharp increase in onion prices after they were stored. However, we warned that such forecasts for the countries of Central Asia may not come true, and that a collapse in onion prices could be a very real scenario. In particular, we described this situation in detail in the article “Will Uzbekistan be able to avoid a collapse in onion prices” back in August 2023, and even earlier in the article “From prince to rags or what will we do with onions from August?”, published in June 2023. “The situation with onion prices in Central Asian countries is currently much more optimistic than could be expected. Yes, prices have dropped significantly, and yes, those who ...