New harvest onions in Uzbekistan and Tajikistan are sold at incredibly low prices and are becoming cheaper

Published 2024년 5월 6일

Tridge summary

Prices for new harvest onions in Uzbekistan and Tajikistan are at record lows, with wholesalers paying 10-12 US cents per kg. Prices for onions from the 2023 harvest in Uzbekistan are higher than early onions from the new harvest, while in Tajikistan, prices for early onions are slightly higher than last year. The high expected harvest in both countries does not give hope for a significant increase in prices in the coming weeks, but a recovery in exports in mid-May could help stabilize onion prices in Central Asian countries.

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

Original content

According to EastFruit analysts, prices for new harvest onions in Uzbekistan and Tajikistan are shocking local vegetable growers. For the once expensive early vegetable crop, wholesalers pay a meager 10-12 US cents per kg. And this is for high-quality, sorted and packaged products. Farmers receive even less money for products shipped from the field. In other words, you can now buy a whole ton of onions from the 2024 harvest on the wholesale market for just $100. Let us note that in Tajikistan, where for some unknown reason an informal ban on the export of onions and carrots was introduced back in February, prices are lower than in Uzbekistan. There is no information yet about lifting the ban. It is not surprising that prices for new crop onions are now at record lows. A year earlier at the same time, they paid three times more for onions, and in 2022 at the same time - 2.2 times more. Interestingly, prices for onions from the 2023 harvest in Uzbekistan are now higher than for ...

Source: Eastfruit