South Korea: Onion, garlic, and dried pepper stocks plummeted, and seasoned vegetables imports likely to increase

Published 2021년 3월 5일

Tridge summary

The article reports on the decrease in inventory of onions and garlic in February, leading to an expected increase in imports of these items in March. Other seasoned vegetables such as dried peppers and green onions are also expected to see an increase in imports due to high domestic prices. The early growth of onions and garlic is averely growing due to favorable weather conditions, but the stored garlic decreased by 12.3% compared to the average year. The stocks of dried peppers also decreased, leading to an anticipated increase in imports in March. Additionally, the article discusses the recovery of winter onion crops and the impact of anthrax on Daepa shipments.

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

Original content

[Korea Rural Newspaper Reporter Kim Gyeong-wook] February onion inventory seems to have decreased 7.4% year-on-year ↓ Warm-ji-type garlic also decreased 12.3% in February. An increase in imports of items in March was predicted. It is also observed that the imports of seasoned vegetables will increase in the spring, as the imports of Korean leeks, which have a very bad harvest due to cold waves, are also expected to increase. On the 2nd, the Agricultural Observation Headquarters of the Korea Rural Economic Research Institute released the observations of major seasoned vegetables such as onions, garlic, dried peppers, and green onions for March. First of all, in the case of onions, the inventory of stored onions at the end of February was 7,2969 tons, down 15.8% and 7.4% respectively compared to last year and normal year. Accordingly, shipments of stored onions from 2020 are expected to decrease in March as well, and the amount of onion imports in March is expected to increase due ...

Source: Agrinet