Tajikistan has again banned the export of onions or why are prices 7 times lower than a year earlier?

Published 2024년 2월 14일

Tridge summary

Tajikistan is currently experiencing a significant drop in onion prices, with wholesale prices nearing a long-term anti-record and remaining below 10 US cents per kg for several weeks. Despite a thriving onion market in neighboring Uzbekistan, a verbal order, not backed by any official bans, is preventing the export of onions from Tajikistan. This decision is reportedly driven by fears of a repeat of last year's price surge, when wholesale onion prices almost hit $1 per kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Events are developing unexpectedly in the regional onion market of Central Asia. EastFruit analysts drew attention to the extremely low price level for onions in Tajikistan, despite the fact that in neighboring Uzbekistan the market has revived and export shipments are proceeding at a fairly high pace. Moreover, Uzbekistan actively exports onions even to EU countries, and the Polish market is completely flooded with onions from Uzbekistan. Read also: Uzbek onions are becoming more expensive, prices for carrots, oranges and apples have weakened - analysis of trading platforms for the week At the same time, in Tajikistan, the wholesale price of onions remained below 10 US cents per kg for several weeks and only increased slightly by February 9, reaching 11 cents. Moreover, wholesale prices for onions in Tajikistan are currently close to the long-term anti-record in recent years, and they are exactly 7 times lower than last year! And if last year prices for onions during this period ...
Source: Eastfruit

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