NESDB reveals the situation of onion in Thailand, indicating that the price has started to rise

Published 2022년 3월 16일

Tridge summary

Thailand's onion planting area has decreased by 3.34%, leading to a reduction in yield and a rise in prices due to farmers switching to other crops. The country's main source of onion production is Chiang Mai, with Chiang Rai and Nakhon Sawan being the next largest producers. The Ministry of Agriculture and Cooperatives is implementing measures to manage onion products and prevent falling prices, including distributing products outside of major production areas and establishing a linkage in the onion futures market. However, heavy rain and cold weather have damaged seedlings and affected onion quality. Despite these challenges, onion prices are expected to increase in the coming months and Thailand's onion exports to Japan have seen a significant increase in value compared to the same period last year.

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

Original content

Mr. Chantanon Wannakhajorn, Secretary-General of the Office of Agricultural Economics (NESDB), Ministry of Agriculture and Cooperatives Revealing the situation on onions, planting year 2064/22 (forecast data as of February 2022) It is estimated that Thailand has a total area of onion planting at 8,504 rai, a decrease from the planting year 2020/64 with a planting area of 8,798 rai (decreased 3.34% yield 34,647 tons, a decrease from the year 2020/21 that yielded 34,797 tons (down 0.43%) because farmers switched to planting other crops with better prices instead, such as shallots, sweet corn, etc. The country's number one major growing source is Chiang Mai (74% of the country's production), followed by Chiang Rai and Nakhon Sawan, respectively. The price of onions that farmers can sell began to rise from the beginning of the year due to reduced productivity Local merchants came to buy more products. And exports to foreign countries, especially the Japanese market, have increased ...

Source: RYT9