South Korea: Chinese dried onion disrupting the food market due to the low price offensive

Published 2022년 4월 8일

Tridge summary

Dried onions from China are causing significant damage to the domestic market, as they are sold at less than half the price of domestic onions. These Chinese onions are processed into onion powder and distributed widely in the domestic food industry, with over 90% market share. Despite the lower quality and higher impurity level of Chinese onion powder, it is sold at a much lower price than domestic onion powder, leading to eroding the domestic market and causing harm to domestic onion farmers. The use of Chinese dried onions is widespread in various food products in Korea, including instant foods, sauces, seasonings, and sweets.

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

Original content

It has been confirmed that dried onions from China, which have been suspected of being low-priced, are widely distributed in the domestic food industry. It is pointed out that dried onions from China are eroding the domestic market with less than half the price of domestic ones, which is causing great damage to onion farmers. According to distribution industry officials, it is estimated that the share of Chinese products in the domestic dried onion market exceeds 90%. Dried onions from China are processed and distributed in the form of onion powder rather than the raw material, and are currently being sold to general consumers at online shopping malls and offline food material marts. Usually, onion powder is mixed with corn starch and sold, but the higher the proportion of onion powder, the higher the price. There are many products sold in subdivisions, such as 450g or 500g, and the price is cheaper as they are divided into large-capacity units from 1kg. Currently, the ...

Source: Nongmin