Netherlands: Onion exports increase lead compared to last year

Published 2024년 11월 7일

Tridge summary

The article highlights the recent trends in onion exports and pricing, noting that while high prices last year led to reduced exports, this year has seen a resurgence due to more competitive pricing. By week 42, exports have increased by 5% compared to the previous year, reaching nearly 400,000 tonnes. Major buyers include Senegal and Ivory Coast, with the latter significantly boosting its purchases. This heightened demand is driving up onion prices, particularly for yellow and red varieties, as observed on the regional stock exchange in Emmeloord.

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

Original content

Under the influence of high prices, exports fell in October and November last year. During that period, exports remained stuck at 23,000 to 30,000 tonnes per week. This was followed by a revival due to Christmas shopping, but then exports fell again. This year, prices are 13 to 16 cents for the grower and 20 to 24 cents per bale, more competitive on the world market and also more attractive to buyers. This is directly reflected in export activities. Onion processors have plenty of work to carry out orders. This will also be reflected in export figures that are considerably higher than a year ago. Total exports up to and including week 42 have risen to almost 400,000 tonnes, according to preliminary data. Compared to the same period last year, exports now have a lead of 21,000 tonnes (+5 percent). Senegal is the largest buyer of Dutch onions in week 42 with 8,400 tonnes. Ivory Coast is just behind with 6,250 tonnes. That country is buying a lot more onions this year (+60 percent) ...

Source: Nieuwe Oogst