Will severe onion shortages in Asia become common in the coming years?

Published 2024년 4월 3일

Tridge summary

The article highlights the severe onion shortage in Asian countries, driven by climate change, regulatory measures, and demographic growth. Decreased yields, export bans from major producers, and increasing demand due to rapid population growth have exacerbated the shortage. Despite the challenges, including a preference for specific onion varieties and agricultural practices, there are opportunities for regions like Sub-Saharan Africa and countries like China to meet Asia's demand. The article suggests that with strategic investments and overcoming logistical hurdles, these regions could significantly contribute to solving the onion shortage, despite Europe's inability to meet the specific variety demands of the Asian market.

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

Original content

Against the backdrop of reports of incredibly high prices for onions in the Philippines, constant bans on onion exports from India, which was previously the world's largest exporter of these vegetables, and a sharp increase in onion imports into Pakistan, a reasonable question arises whether this situation may soon change? What causes these problems with the supply of a seemingly absolutely ordinary type of vegetable, which is grown in huge volumes in many countries around the world? Is there a business opportunity in this, for example, for Uzbekistan and Tajikistan, and maybe for Ukraine? First of all, we need to start with the reasons for the shortage of onions in Asian countries. EastFruit analysts believe that they can be divided into climate, macroeconomic or regulatory and demographic factors. Rapid climate change means that producers do not have time to adapt to new realities. As a result, crop losses from various climatic phenomena increase, and the average yield of onions ...

Source: Eastfruit