Peru exported 11% fewer onions in January-August 2022

In 2021, onion was in 14th place in Peruvian export products and the South American country fell just outside the top 10 of the largest onion exporters in the world. But these relatively nice numbers may look a little less beautiful in 2022. According to a report by the Ministry of Agriculture (Midagri), onion acreage has shrunk by more than 670 hectares in favor of more profitable crops. In addition, from January to August of this year, 123,319 tons of onions worth $42 million were shipped, representing an 11% decrease in volume and 7% in value from last year in the same period. It is the first contraction in 6 years. The main reason is the high logistics costs of the past two years. Many exporters claim that the shipping costs alone exceed the value of the product itself. The decline in demand for Peruvian onions was particularly evident in the European market. The Netherlands, one of the largest onion growers and the world's largest exporter, has exported 9% less onions to ...