Chinese onion exports rose 46% yoy in November

Published Jan 5, 2023

Tridge summary

In November 2022, China exported 103,400 tons of fresh or chilled onions, valued at nearly €56.5 million, marking an 8.7% increase from October and a 46% increase from November 2021. From January to November 2022, China's onion exports totaled 722,300 tons, a 22.6% increase from the same period in 2021. The average export price in November was about €0.54 per kg, down 1.6% from October. Demand for export is primarily yellow onions, especially from Gansu. However, the market remains weak and stable due to Covid-19 and slow deliveries from cold stores in Shandong. The market is also expecting price fluctuations due to the cultivation of early onions in Yunnan's growing areas, with shipments expected after the Spring Festival.

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

Original content

According to customs data, China exported 103,400 tons of fresh or chilled onions in November 2022, with an export value of almost €56.5 million. Exports increased by 8.7% compared to October and by 46% compared to November 2021. Cumulative exports from January to November 2022 was 722,300 tons, an increase of 22.6% over the same period in 2021. In November 2022, the average export price of fresh or chilled onions in China was about €0.54 per kg, down 1.6% month-on-month. The demand for export mainly consists of yellow onions. In the fourth quarter mainly Gansu onions were exported. The quality is quite stable, the sales on the domestic market are also stable and the price fluctuations are not great. The Gansu growing area has sufficient surpluses and the stockholders have different shipping methods. Some merchants are still reluctant to sell good products. The proportion of defective products in the growing area is gradually decreasing, but the price difference within the same ...

Source: AGF