Small European onion harvest offers market opportunities

Published 2022년 11월 10일

Tridge summary

The Holland Onion Association (HOA) has forecasted a decrease in the onion harvest in the European Union and the United Kingdom, with a 9% reduction in European onion acreage. This has resulted in lower production per hectare in nearly all growing regions. The export volume for New Zealand is expected to be low, while that for India is estimated to be larger than last year. The Netherlands anticipates an onion export volume of approximately 1.05 million tons this year, which is lower than the previous season's record. The current market sees more demand than supply, leading to average quotations for medium-sized onions.

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

Original content

The trade umbrella organization Holland Onion Association (HOA) points in an analysis to the smaller onion harvest in the European Union and the United Kingdom. The organization is based on forecast figures from the German market agency AMI. The smaller harvest is partly a result of the decrease of the European onion acreage by 9 percent to about 104,600 hectares. Besides the Netherlands, Spain, Germany and Poland are the largest onion producers in Europe. Of these four countries, only Poland produces slightly more onions than in 2021. In almost all European growing regions, production per hectare is lower than the multi-year average due to the moderate growing conditions. Also fewer onions from New Zealand Outside of Europe, it is striking that AMI also expects fewer onions to be available for New Zealand, especially for export to Europe. The cultivation area for onions there this season is the lowest in the past eight years. On the other hand, the export volume for India appears ...

Source: Nieuwe Oogst