Russia Continues to Increase Onion Imports in 2020

Published 2020년 6월 16일

Tridge summary

In the first four months of 2020, Russia experienced a 20% increase in onion imports, reaching 78 thousand tons, the highest since 2017. Egypt has been the primary supplier, contributing 54% of the total, while Netherlands onion exports to Russia have also risen significantly. However, Chinese exports have decreased. Onion prices in Russia have also surged by 59% on average. Despite these developments, Russia is enhancing its vegetable production technology and storage capacities, and is also exporting its produce, including becoming a major potato exporter in the 2019/20 season.

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

Original content

According to EastFruit analysts, in the first four months of 2020, Russia imported already 78 thousand tons of onions, which is 20% more than on the same date last year. This is also the largest volume of onion imports to Russia for such a period since 2017. One of the reasons for the growth of onion imports, according to market experts, is the increased consumption of onions by the population, as many believe that onions and garlic help fight coronavirus. Egypt continues to be the main supplier of onions in the first months of the calendar year to Russia. In 2020, the volume of supplies of Egyptian onions to the Russian market doubled in relation to 2019 and reached 42 thousand tons. Thus, Egypt accounted for 54% of all onions imported to Russia. Also, direct deliveries of onions to Russia from the Netherlands increased more than one and a half times, which took second place in the rating of suppliers. But China has reduced shipments by almost two during the same period. ...

Source: Eastfruit