Promotion from farmers and traders of Kyrgyzstan and Kazakhstan

Published 2024년 4월 1일

Tridge summary

Central Asia, particularly in countries like Kyrgyzstan, Kazakhstan, and Uzbekistan, is facing an unprecedented oversupply of onions due to the 2023 harvest, leading to a significant drop in prices. Farmers and traders, in an attempt to avoid the costs associated with disposing of the surplus, have resorted to giving onions away for free as they begin to sprout and deteriorate. This glut is primarily due to high stocks coupled with low demand, a situation mirrored in neighboring regions. The article suggests that onion prices are expected to remain low until the fall, and the area dedicated to onion cultivation might decrease next season owing to the current low demand for onion seeds. This reduction in cultivation area could, however, lead to a recovery in onion prices.

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

Original content

The epic with an excess of onions in the countries of Central Asia has reached Kyrgyzstan. Farmers and traders who bought onions during the 2023 harvest to resell at a higher price are now offering them for free to everyone, local residents say. The only condition is that you need to come and pick up the onions yourself. This is due to the fact that onion stocks for the 2023 harvest in Kyrgyzstan are too high, EastFruit reports. Therefore, traders and farmers cannot sell onions at any low price, but they are already beginning to sprout and deteriorate. Therefore, it is likely that if the onion is not taken away for free, then you will have to spend money on its disposal. Read also: Onion prices continue to decline everywhere except Ukraine A similar situation exists in neighboring Kazakhstan, especially in the Zhambyl region, which borders Kyrgyzstan. There, farmers and traders are also actively distributing free onions, which they have carefully stored since 2023. Those who have ...

Source: Eastfruit