Only a few countries can supply onions to Europe and especially Russia

Published 2023년 2월 28일

Tridge summary

The European market is experiencing a significant increase in demand for onions, primarily from Egypt, due to a 30% drop in domestic production caused by high summer temperatures. This situation, worsened by export bans from countries like Uzbekistan, Kazakhstan, Tajikistan, and potential restrictions from Turkey following an earthquake, has left Egypt and China as the main suppliers. Egyptian exporter Al Solimania is receiving high demand for its onions from Poland, Russia, and Bosnia and Herzegovina, and expects prices to continue rising due to the increased demand. The company also imports citrus fruits, potatoes, and is planning to offer summer grapes.

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

Original content

"The demand for onions in the European market is increasing significantly and it is mainly focused on Egypt," says Fatimah Elzhraa of the Egyptian grower Al Solimania. "European onion production has dropped by 30% this year due to the too high temperatures during the summer, reaching up to 40°C. This has seriously disrupted the market, especially in Eastern Europe, including Poland. This is the first significant increase in demand for onions since the outbreak of the corona pandemic in 2019." Fatimah Elzhraa lists the options regarding the countries of origin that could fill the need for onions in the European market: "CIS countries are excluded, Uzbekistan, Kazakhstan and Tajikistan, which export 200k tons, 100k tons and 95k tons respectively, have currently banned exports. It is expected that Turkey will also ban exports due to the consequences of the unfortunate earthquake that hit the country. That leaves two options, especially for Russia: Egypt and China." In the case of ...

Source: AGF