Ukraine has increased onion exports and expanded the geography of supplies

Published 2021년 9월 1일

Tridge summary

In the 2020/21 season, Ukraine saw a significant increase in onion exports, with over 34,100 tons worth $6.5 million, marking the largest volume in eight seasons but not a record. The majority of these exports were to the EU, particularly Romania, with some also going to the Middle East, CIS, and Asia. Malaysia emerged as a new significant importer, and for the first time, Ukraine also exported onions to Sub-Saharan Africa. Experts predict that onion prices are set to rise.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the 2020/21 season, Ukraine sharply increased its volumes and expanded the geography of onion exports. In total, more than 34.1 thousand tons of onions worth $ 6.5 million were delivered to foreign markets, EastFruit reports. According to analysts, this was the largest volume of exports in the last eight seasons, but not a record, because in the 2012/13 season, Ukraine exported 54.3 thousand tons of onions. "It is probably not worth considering such an export result a great success. Throughout the previous season, the price of onions in Ukraine remained at a record low - about 9 US cents per kg, despite the fact that prices in the EU were much higher. Ukraine has remained the lowest-priced onion in the world all season, and last year's average export price was the lowest in four years, ”said Andriy Yarmak, an economist with the Food and Agriculture Organization (FAO). According to the expert, Ukraine was able to export more than 100 thousand tons of onions last season, which ...
Source: Agropolit

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