Kazakhstan banned the export of onions

Published 2023년 1월 26일

Tridge summary

Kazakhstan has imposed a ban on onion exports for the next three months to prevent mass exportation and stabilize local prices, following a surge in demand due to natural disasters in Pakistan and severe weather conditions in Kazakhstan and Uzbekistan. The country's onion harvest was significantly larger than its domestic consumption, but stocks are now only 14% of last year's total. The decision to ban exports aligns with similar measures taken by Uzbekistan and Tajikistan, and comes as Ukraine experiences its lowest onion production since 2015 due to challenging weather conditions, anticipating importations from Egypt and Iran after the New Year.

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Original content

Kazakhstan's interdepartmental commission on foreign trade policy and participation in economic organizations decided to ban the export of onions for a period of 3 months. This is stated in the notification of the Ministry of Agriculture of the Republic of Kazakhstan. This decision was made to prevent the mass export of onions from Kazakhstan and to stabilize their prices. Follow the news in a convenient format: Follow us on Twitter "The frenetic demand of third countries for Kazakh onions is connected with natural disasters in Pakistan, one of the largest producers of onions in Asia and the world. Floods in this country provoked a worldwide increase in onion prices, including in the market of our republic. Additional pressure on the cost is severe frosts in the southern regions of Kazakhstan, as well as in Uzbekistan, where a large volume of production was spoiled. The main producers of onions are now actively importing the Kazakh product," the ministry explained. According to ...

Source: Landlord